Cattle Current Market Update with Wes Ishmael

Cattle Current Market Update with Wes Ishmael


Latest Episodes

Cattle Current Podcast—Jan. 31, 2025
January 30, 2025

Cattle futures continued to correct lower Thursday, as wholesale beef prices continued lower and despite hefty gains in Southern Plains fed cattle prices. Keep in mind, the much-anticipated USDA Cattle inventory report will be released Friday afternoon. T

Cattle Current Podcast—Jan. 30, 2025
January 29, 2025

Cattle futures were lower Wednesday with likely profit taking, pressure from softer Choice boxed beef cutout values and the bounce in Corn futures. Toward the close, Live Cattle futures were an average of $1.90 lower. Feeder Cattle futures were an average

Cattle Current Podcast—Jan. 29, 2025
January 28, 2025

Last weeks upward momentum in cash prices, and stubbornly strong Choice boxed beef prices, helped support gains in Cattle futures Tuesday. Toward the close, Live Cattle futures were an average of $2.39 higher. Feeder Cattle futures were an average of $1.

Cattle Current Podcast—Jan. 28, 2025
January 27, 2025

Last weeks hefty cash prices helped Live Cattle futures mostly gain Monday. Toward the close, Live Cattle futures were an average of 80 higher, except for an average of 9 lower in the back three contracts. Feeder Cattle futures were an average of 90 l

Cattle Current Podcast—Jan. 27, 2025
January 26, 2025

Negotiated cash fed cattle trade was active on very good demand in the North through Friday afternoon, according to the Agricultural Marketing Service. FOB live prices were $7 higher in Nebraska at $210-$212/cwt. and $6-$7 higher in the Western Corn Belt

Cattle Current Podcast—Jan. 24, 2025
January 23, 2025

Cattle futures extended gains Thursday on bullish fundamentals and stronger outside markets. Toward the close, Feeder Cattle futures were an average of 83 higher. Live Cattle futures were an average of 66 higher. Negotiated cash fed cattle trade was mos

Cattle Current Podcast—Jan. 23, 2025
January 22, 2025

Cattle futures powered ahead Wednesday with little apparent explanation other than exuberant fund-buying and perhaps bullish positioning ahead of Friday's monthly Cattle on Feed report. Pre-report estimates peg the Jan. 1 feedlot inventory 0.2% lower year

Cattle Current Podcast—Jan. 22, 2025
January 21, 2025

Feeder Cattle futures were pressured by stronger Corn futures, worries about cold-damaged winter wheat pasture in the Southern Plains and perhaps growing hesitancy related to the ultimate opening of the Mexican border to feeder cattle. Toward the close, t

Cattle Current Podcast—Jan. 21, 2025
January 20, 2025

Negotiated cash fed cattle trade was at a standstill in all major cattle feeding regions through Monday afternoon, according to the Agricultural Marketing Service. Last week, FOB live prices were $1 higher in the Texas Panhandle at $201/cwt., steady to $1

Cattle Current Podcast—Jan. 20, 2025
January 18, 2025

Negotiated cash fed cattle trade ranged from mostly inactive on light demand in the Southern Plains to light to moderate on light to moderate demand in the North through Friday afternoon with too few transactions to trend, according to the Agricultural Ma