PODCAST

Cattle Current Market Update with Wes Ishmael

Wes Ishmael: cattle business analyst and journalist

Daily Cattle Market News

business business news

All Episodes

7:04

Cattle Current Podcast—June 13, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/06/13

Negotiated cash fed cattle trade ranged from mostly inactive on moderate demand in the western Corn Belt to moderate on very good demand in Kansas through Thursday afternoon, according to the Agricultural Marketing Service. FOB live prices were $3-$8 higher in Kansas at $233-$238/cwt. Although too few to trend, there were some FOB live [...]

4:32

Cattle Current Podcast—June 12, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/06/11

Negotiated cash fed cattle trade was limited on good demand in the Texas Panhandle through Wednesday afternoon, according to the Agricultural Marketing Service. Although too few to trend, there were some FOB live trades at $235/cwt., which was steady with the previous day and $3 higher than last week. Elsewhere, demand with limited on [...]

3:28

Cattle Current Podcast—June 11, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/06/10

Cattle futures closed mostly higher Tuesday following a downturn earlier in the session tied to reported rumors about an immigration and enforcement raid at a Nebraska packing house. Toward the close, Live cattle futures were an average of 49¢ higher, except for an average of 79¢ lower in two nearby contracts. Feeder Cattle futures [...]

6:34

Cattle Current Podcast—June10, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/06/10

Cattle futures closed mostly higher again Monday with further follow-through support from last week’s surging cash fed cattle prices. Toward the close, Live cattle futures were an average of $1.10 higher (7¢ higher to $3.12 higher in spot Jun), except for an average 15¢ lower in two contracts. Feeder Cattle futures were an average [...]

8:38

Cattle Current Podcast—June 9, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/06/08

Cattle futures closed mostly higher again Friday with follow-through support from the week’s surging cash fed cattle prices. Live cattle futures closed an average of $1.16 higher (12¢ higher toward the back to $3.40 higher at the front), except for 2¢ lower in away Aug. Feeder Cattle futures closed an average of 61¢ higher [...]

4:12

Cattle Current Podcast—June 6, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/06/06

Thursday was a banner day for cash fed cattle with active trade and very good demand in all major cattle feeding regions, according to the Agricultural Marketing Service. Compared to the previous week, FOB live prices were mostly $9 higher in the Texas Panhandle at $232/cwt., $10 higher in Kansas at $232 with some [...]

6:53

Cattle Current Podcast—June 5, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/06/04

Cattle futures closed higher Wednesday with the hint of steady to higher cash fed cattle prices. Toward the close, Live cattle futures were an average of $2.28 higher. Feeder Cattle futures were an average of $2.68 higher. Negotiated cash fed cattle trade ranged from light on good demand in the Southern Plains to inactive [...]

5:36

Cattle Current Podcast—June 4, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/06/03

Live Cattle futures started strong but were an average of $1.14 lower toward the close Tuesday, as traders awaited the week’s cash direction. Feeder Cattle futures were an average of 21¢ lower. Negotiated cash fed cattle trade was inactive on moderate demand in all major cattle feeding regions through Tuesday afternoon, according to the [...]

7:13

Cattle Current Podcast—June 3, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/06/02

Cattle futures were higher Monday, supported by last week’s strong gains in cash fed cattle prices. Toward the close, Live cattle futures were an average of $1.40 higher. Feeder Cattle futures were an average of $3.04 higher. Negotiated cash fed cattle trade was inactive on moderate demand in all major cattle feeding regions through [...]

7:29

Cattle Current Podcast—June 2, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/06/01

Cattle futures closed lower Friday with week-end and month-end position squaring and profit taking. Live cattle futures closed an average of 43¢ lower. Feeder Cattle futures closed an average of 93¢ lower. Week to week on Friday, Live Cattle futures closed an average of 86¢ lower (32¢ to $1.10 lower), recovering much of steep [...]

4:28

Cattle Current Podcast—May 30, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/05/29

Cattle futures rebounded from the early-week sell-down on Thursday, supported by stronger negotiated cash fed cattle prices and higher post-holiday wholesale beef values. Lower Corn futures added support. Toward the close, Live cattle futures were an average of $1.82 higher ($1.50 to $2.17 higher). Feeder Cattle futures were an average of $4.10 higher. Negotiated [...]

4:47

Cattle Current Podcast—May 29, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/05/28

Cattle futures were lower again Wednesday with funds likely taking more risk off the table following the previous session's jolt. Toward the close, Live cattle futures were an average of $1.16 lower. Feeder Cattle futures were an average of $2.65 lower. Negotiated cash fed cattle trade was mostly inactive on light to moderate demand [...]

7:05

Cattle Current Podcast—May 28, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/05/27

Cattle futures were lower Monday but off session lows by the end of the day, despite last week’s higher cash fed cattle prices and neutral Cattle on Feed report. There were some unfounded rumors of unfounded rumors that could have spooked funds and set loose the algos early in the session, but there’s no [...]

5:54

Cattle Current Podcast—May 26 and 27, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/05/25

Cattle futures were mostly higher again Friday, buoyed by the week’s stronger cash fed cattle prices and seasonally stronger wholesale beef values. Live cattle futures closed an average of 32¢ higher, except for an average of 9¢ lower in two contracts. Feeder Cattle futures closed an average of $1.06 higher. Week to week on [...]

6:21

Cattle Current Podcast—May 23, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/05/22

Cattle futures were higher Thursday, supported by the week’s stronger cash fed cattle trade and perhaps some positioning ahead of Friday’s Cattle on Feed report. Pre-report estimates peg April placements and marketings about 3% lower year over year, with the May 1 inventory of cattle on feed down about 1.5%. Live cattle futures were [...]

7:09

Cattle Current Podcast—May 22, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/05/21

Negotiated cash fed cattle trade was limited on good demand in Kansas, Nebraska and the Western Corn Belt through Wednesday afternoon, according to the Agricultural Marketing Service. Although too few transactions to trend, there were some early FOB live trades in Nebraska at $229-$230/cwt. and a few dressed delivered sales at $360-$370. Likewise, there [...]

6:09

Cattle Current Podcast—May 21, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/05/20

Wholesale beef prices surged higher Tuesday. Choice boxed beef cutout value was $3.93 higher Tuesday afternoon at $358.75/cwt. Select was 85¢ higher at $344.96. Negotiated cash fed cattle trade was mostly inactive on light to moderate demand in all major cattle feeding regions through Tuesday afternoon, with too few transactions to trend, according to [...]

7:38

Cattle Current Podcast—May 20, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/05/19

Stronger wholesale beef values and last week’s firm to higher cash fed cattle prices helped lift Live Cattle futures Monday. Toward the close, Live Cattle futures were an average of 89¢ higher. Feeder Cattle futures were mixed, from an average of 35¢ lower to an average of 13¢ higher. Negotiated cash fed cattle trade [...]

7:29

Cattle Current Podcast—May 19, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/05/17

Cattle futures firmed Friday and gained back some of the steep losses from the previous two sessions, helped along by a bounce in wholesale beef values. Live Cattle futures were an average of 91¢ higher. Feeder Cattle futures were an average of $1.01 higher (62¢ to $1.77 higher). Week to week on Friday, Live [...]

4:38

Cattle Current Podcast—May 16, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/05/15

Negotiated cash fed cattle prices gained on Thursday with moderate trade and good demand in the Texas Panhandle, Nebraska and the western Corn Belt, according to the Agricultural Marketing Service. FOB live prices were $1-$2 higher in the Texas Panhandle at mostly $220/cwt., $1-$4 higher in Nebraska at $229 and $1-$2 higher in the [...]

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Cattle Current Market Update with Wes Ishmael

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