Cattle Current Market Update with Wes Ishmael

Cattle Current Market Update with Wes Ishmael


Latest Episodes

Cattle Current Podcast—March 10, 2023
March 09, 2023

Cattle futures closed lower Thursday with likely profit taking, the lack of weekly cash fed cattle direction and outside market bearishness. Feeder Cattle futures closed an average of 90 lower. Live Cattle futures closed an average of 66 lower, except f

Cattle Current Podcast—March 9, 2023
March 08, 2023

Cattle futures gained Wednesday, buoyed by the friendly World Agricultural Supply and Demand Estimates (WASDE), which weighed on Corn and underscored the higher price outlook for cattle (see below). Feeder Cattle futures closed an average of $1.84 higher.

Cattle Current Podcast—March 8, 2023
March 07, 2023

Cattle futures closed mixed Tuesday as bullish fundamentals battled with some likely positioning ahead of Wednesdays monthly World Agricultural Supply and Demand Estimates. Feeder Cattle futures closed an average of 62 higher (5 to 95 higher). Live Ca

Cattle Current Podcast—March 7, 2023
March 06, 2023

Feeder Cattle futures rallied an average of $2.11 higher Monday, helping Live Cattle futures close an average of 65 higher, underpinned by bullish fundamentals and last week's stronger cash. Last week, negotiated cash fed cattle prices were $1-$2 higher

Cattle Current Podcast—March 6, 2023
March 05, 2023

Negotiated cash fed cattle trade ranged from limited on light demand to a standstill through Friday afternoon, with too few to trend, according to the Agricultural Marketing Service (AMS). For the week, the only established trade reported by AMS was live

Cattle Current Podcast—March 3, 2023
March 02, 2023

Stable Corn futures and strong cash trends helped Feeder Cattle futures lean mostly higher Thursday. They were up an average of 22, except for 17 lower and unchanged in two contracts. Live Cattle futures closed an average of 74 lower (40 to $1.15 lowe

Cattle Current Podcast—March 2, 2023
March 01, 2023

Cattle futures took a breather Wednesday on likely profit taking and awaiting weekly cash direction. Feeder Cattle futures closed an average of 61 lower. Live Cattle futures closed narrowly mixed, from an average of 42 lower to unchanged to an average o

Cattle Current Podcast—March 1, 2023
February 28, 2023

Cattle futures continued higher Tuesday, supported by further downward correction in Corn futures and another day of higher wholesale beef values. Feeder Cattle futures closed an average of 70 higher. Live Cattle futures closed an average of 47 higher,

Cattle Current Podcast—Feb. 28, 2023
February 27, 2023

Wholesale beef prices and consumer resilience maintain their strong trends. Choice boxed beef cutout value was $1.06 higher Monday afternoon at 288.34/cwt. Select was $2.17 higher at $279.25/cwt. Negotiated cash fed cattle trade ranged from mostly inactiv

Cattle Current Podcast—Feb. 27, 2023
February 26, 2023

Through Friday afternoon's report, weekly negotiated cash fed cattle trade had yet to be established in the Southern Plains. Prices were higher in other regions, though. Live prices were $3-$4 higher in Nebraska at $163-$164/cwt. and $2-$4 higher in the w