Cattle Current Market Update with Wes Ishmael
Latest Episodes
Cattle Current Podcast—Apr. 17, 2024
Cattle futures continued higher Tuesday for the second consecutive session, perhaps establishing a bottom. At the close and before final settlement, Live Cattle futures were an average of $1.59 higher. Feeder Cattle futures were an average of $2.38 higher
Cattle Current Podcast—Apr. 16, 2024
Cattle futures bounced back some Monday with likely short covering. At the close and before final settlement, Live Cattle futures were an average of $1.86 higher. Feeder Cattle futures were an average of $3.51 higher. Negotiated cash fed cattle trade was
Cattle Current Podcast—Apr. 15, 2024
Cattle futures sank lower Friday with pressure including the bounce higher in grain futures, more cases of Bovine Influenza A Virus in dairy cattle and struggling outside markets. Live Cattle futures closed an average of $2.39 lower. Feeder Cattle futures
Cattle Current Podcast—Apr. 12. 2024
Cattle futures were higher into the close and before settlement on Thursday, despite steady to lower early cash fed cattle prices and recently weaker wholesale beef values. Live Cattle futures were an average of 56 higher. Feeder Cattle futures were an a
Cattle Current Podcast—Apr. 11, 2024
Cattle futures lost more ground Wednesday with pressures including heavy carcass weights and announced import restrictions by some states on cattle from states with confirmed cases of Bovine Influenza A Virus (BIAV). At the close and before final settleme
Cattle Current Podcast—Apr. 10, 2024
Cattle futures gained some Tuesday with a likely technical bounce. At the close and before final settlement, Live Cattle futures closed an average of $1.26 higher, while Feeder Cattle futures closed an average of $1.94 higher. Negotiated cash fed cattle t
Cattle Current Podcast—Apr. 9, 2024
Higher wholesale beef values helped Live Cattle futures firm on Monday. Live Cattle closed an average of 67 higher. Feeder Cattle futures closed an average of 50 lower, except for $1.45 higher in spot Apr. Negotiated cash fed cattle trade ranged from in
Cattle Current Podcast—Apr. 8, 2024
Cattle futures plumbed lower Friday with continued concerns about Highly Pathogenic Avian Influenza in dairy cattle. Live Cattle closed an average of $3.08 lower ($2.70 to $3.80 lower). Feeder Cattle futures closed an average of $4.96 lower ($3.92 to $5.8
Cattle Current Podcast—Apr. 5, 2024
Negotiated cash fed cattle trade was slow on light demand in the North through Thursday afternoon, according to the Agricultural Marketing Service. For the week, FOB live prices are $2-$3 lower at $187/cwt. Dressed delivered prices are $3-$5 lower in Nebr
Cattle Current Podcast—Apr. 4, 2024
Cattle futures closed lower Wednesday with pressure including softer early cash fed cattle prices, weakening wholesale beef values and continued uncertainty tied to Highly Pathogenic Avian Influenza (HPAI) in dairy cows linked to a rare case in humans. Li