Cattle Current Market Update with Wes Ishmael

Cattle Current Market Update with Wes Ishmael


Cattle Current Podcast—April 25, 2025

April 24, 2025

Cattle futures were higher Thursday, supported by stronger outside markets and the prospects for steady to higher cash fed cattle prices this week.


Toward the close, Live Cattle futures were an average of 51¢ higher, except for 2¢ lower in near Jun. Feeder Cattle futures were an average of 65¢ higher.


Negotiated cash fed cattle trade ranged from light on moderate demand in Kansas to mostly inactive on very light demand elsewhere through Thursday afternoon, according to the Agricultural Marketing Service. There were too few transactions to trend in any region.


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 $1.73 higher Thursday afternoon at $333.70/cwt. Select was $1.83 higher at $316.35.


Grain and Soybean futures were higher Thursday.


Toward the close and through Sep ’25 contracts, Corn futures were unchanged to 4¢ higher. Kansas City Wheat futures were fractionally higher to 1¢ higher. Soybean futures were 10¢ to 14¢ higher