Cattle Current Market Update with Wes Ishmael

Cattle Current Market Update with Wes Ishmael


Cattle Current Podcast—April 24, 2025

April 23, 2025

Cattle futures were higher Wednesday, helped along by firmer outside markets.


Toward the close, Live Cattle futures closed an average of 89¢ higher. Feeder Cattle futures closed an average of 73¢ higher.


Negotiated cash fed cattle trade ranged from mostly inactive on very light demand in Kansas to a standstill elsewhere through Wednesday afternoon, according to the Agricultural Marketing Service.


Last week, FOB live prices were $208-$210/cwt. in the Texas Panhandle, $210 in Kansas, $212-$214 in Nebraska and $212 in the western Corn Belt. Dressed delivered prices were $332-$340 in Nebraska and $335 in the western Corn Belt.


Choice boxed beef cutout value was 24¢ higher Wednesday afternoon at $331.97/cwt. Select was $3.13 lower at $314.52.


Grain and Soybean futures were mixed Wednesday. Toward the close and through Sep ’25 contracts, Corn futures were 3¢ to 4¢ lower. Kansas City Wheat futures were 7¢ to 8¢ lower. Soybean futures were 2¢ to 6¢ higher.