Cattle Current Market Update with Wes Ishmael
Latest Episodes
Cattle Current Podcast—Mar. 20, 2024
Cattle futures closed narrowly mixed as traders appeared to wait for the weeks cash direction and looking toward Fridays monthly Cattle on Feed report. Live Cattle narrowly mixed, from an average of 38 lower in the front four contracts to an average of
Cattle Current Podcast—Mar. 19, 2024
Strong cash fed cattle prices and higher wholesale beef values helped Cattle futures extend gains Monday. Live Cattle futures closed an average of $1.38 higher (70 higher at the back to $1.80 higher toward the front). Feeder Cattle futures closed an aver
Cattle Current Podcast—Mar. 18, 2024
Negotiated cash fed cattle trade was moderate on moderate demand in all major cattle feeding regions through Friday afternoon, according to the Agricultural Marketing Service. For the week, FOB live prices were $1 higher in the Southern Plains at $186/cwt
Cattle Current Podcast—Mar. 15, 2024
Cattle futures closed sharply lower Thursday in an outside day with apparent technical pressure. Live Cattle futures closed an average of $2.18 lower ($1.85 to $2.97 lower). Feeder Cattle futures closed an average of $3.89 lower ($2.80 to $4.67 lower). Ne
Cattle Current Podcast—Mar. 14, 2024
Cattle futures closed higher Wednesday with prospects of higher cash trade again this week. Live Cattle futures closed an average of $1.42 higher ($1.17 to $2.10 higher) amid heavy volume. Feeder Cattle futures closed an average of $1.84 higher ($1.30 hig
Cattle Current Podcast—Mar. 13, 2024
Cattle futures gained Tuesday with support from higher-trending wholesale beef prices and last week's stronger cash trade. Live Cattle futures closed an average of 64 higher. Feeder Cattle futures closed an average of 92 higher (57 to $1.32 higher). Ne
Cattle Current Podcast—Mar. 12, 2024
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 $2 higher in the Southern Plains at $185/cwt., $1.50-$2.00
Cattle Current Podcast—Mar. 11, 2024
Negotiated cash fed cattle trade was slow on light demand in all major cattle feeding regions through Friday afternoon, according to the Agricultural Marketing Service. For the week, FOB live prices were $2 higher in the Southern Plains at $185/cwt., $1.5
Cattle Current Podcast—Mar. 8, 2024
Cattle futures closed higher Thursday, buoyed by stronger cash fed cattle prices. Live Cattle futures closed an average of $1.11 higher. Feeder Cattle futures closed an average of 84 higher (42 to $1.12 higher), except for unchanged in spot Mar. Negotia
Cattle Current Podcast—Mar. 7, 2024
Negotiated cash fed cattle trade ranged from mostly inactive on light demand to a standstill through Wednesday afternoon, with too few transactions to trend, according to the Agricultural Marketing Service. Last week, FOB live prices were $183/cwt. in the