Cattle Current Market Update with Wes Ishmael
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Latest Episodes
Cattle Current Podcast—Feb. 21, 2025
Cattle futures were lower Thursday with dimming cash fed cattle price prospects, unwinding wholesale beef values, more bearish outside markets and perhaps positioning ahead of the monthly Cattle on Feed report due out Friday. Ahead of the report, analyst
Cattle Current Podcast—Feb. 20, 2025
Cattle futures basically paddled in place Wednesday, awaiting the weeks cash fed cattle direction. Toward the close, Live Cattle futures were an average of 49 higher. Feeder Cattle futures were an average of 25 lower. Negotiated cash fed cattle trade
Cattle Current Podcast—Feb. 19, 2025
Live Cattle future firmed Tuesday while Feeder Cattle futures bounced higher. Toward the close on Tuesday, Live Cattle futures were mixed, from unchanged to an average of 7 lower through the front four contracts to an average of 71 higher. Feeder Cattle
Cattle Current Podcast—Feb. 18, 2025
There was no USDA report for Monday negotiated cash fed cattle trade at press time. Last week, FOB live prices were $203/cwt., which was $3 lower in the Southern Plains, $5 lower in Nebraska and $2-$5 lower in the western Corn Belt. Dressed delivered pric
Cattle Current Podcast—Feb. 17, 2025
Negotiated cash fed cattle trade ranged from mostly inactive on light demand to a standstill in the Southern Plains through Friday afternoon, according to the Agricultural Marketing Service. In the North, trade ranged from slow on moderate demand in the w
Cattle Current Podcast—Feb. 12. 2025
Cattle futures closed lower Tuesday with pressure including less packer production, apparent non-commercial long liquidation and more pessimism around this weeks cash fed cattle price potential. Toward the close, Live Cattle futures were an average of $1
Cattle Current Podcast—Feb. 11, 2025
Cattle futures rose Monday, building on the previous sessions firmer tone, following last weeks rout. Toward the close, Live Cattle futures were an average of 97 higher. Feeder Cattle futures closed an average of $2.45 higher. Negotiated cash fed cattl
Cattle Current Podcast—Feb. 10, 2025
Cattle futures stabilized Friday, following a week of losses driven by opening of the Mexican border to feeder cattle, discovery of a new bird flu train in dairy cattle, packer-announced production cuts for the coming week and lower cash fed cattle prices
Cattle Current Podcast—Feb. 5, 2025
As logic suggested, Cattle futures lost ground Monday, between likely technical correction, the weekend announcement from APHIS that Mexican cattle imports to the U.S. will resume this week and tariffs levied on Canada, Mexico and China, though Mexican ta
Cattle Current Podcast—Feb. 3, 2025
Cattle futures bounced back Friday, buoyed by the weeks stronger cash fed cattle prices and ahead of what turned out to be a generally neutral USDA Cattle report compared to expectations (see below). Live Cattle futures were an average of 74 higher (12