Cattle Current Market Update with Wes Ishmael

Cattle Current Podcast—April 15, 2025
Cattle futures were higher again Monday, as outside markets continued to improve.
Toward the close, Live Cattle futures were an average of $1.36 higher. Feeder Cattle futures were an average of $2.22 higher.
Negotiated cash fed cattle trade was at a standstill in all regions through Monday afternoon, according to the Agricultural Marketing Service.
For the week, FOB live prices were $4 lower in the Southern Plains at $204/cwt. and $2-$5 lower in the North at $208. Dressed delivered prices were $7-$8 lower at $327-$328.
Last week’s five-area direct weighted average FOB live fed steer price was $3.44 lower last week at $207.70/cwt. The weighted average dressed delivered fed steer price was $8.74 lower at $327.73.
Choice boxed beef cutout value was $1.41 higher Monday afternoon at $335.63/cwt. Select was $1.89 higher at $315.85.
Grain and Soybean futures softened Monday with likely profit taking.
Toward the close and through Sep ’25 contracts, Corn futures were 1¢ to 6¢ lower. Kansas City Wheat futures were 13¢ to 14¢ lower. Soybean futures were 1¢ lower to 1¢ higher.