PODCAST

Cattle Current Market Update with Wes Ishmael

Wes Ishmael: cattle business analyst and journalist

Daily Cattle Market News

business business news

All Episodes

5:04

Cattle Current Podcast—May 15, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/05/14

Cattle futures hit new highs Wednesday and then reversed to close sharply lower with likely profit taking and skittishness over the overbought status and price levels. Toward the close, Live Cattle futures were an average of $2.38 lower. Feeder Cattle futures were an average of $3.98 lower. Negotiated cash fed cattle trade ranged from [...]

5:21

Cattle Current Podcast—May 14, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/05/13

Cattle futures eased lower Tuesday with likely profit taking from the previous session's strong gains. Toward the close, Live Cattle futures were an average of 73¢ higher (35¢ to $1.17 higher), except for an average of 32¢ lower in the front three contracts. Feeder Cattle futures were an average of 41¢ higher, except for [...]

10:50

Cattle Current Podcast—May 13, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/05/12

Cattle futures popped higher Monday, helped along by more bullish outside markets and news that the U.S. shuttered the Southern border to cattle, bison and horses once again May 11 due to the spread of New World screwworm. “The protection of our animals and safety of our nation’s food supply is a national security [...]

6:30

Cattle Current Podcast—May 12, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/05/11

Cattle futures gained early in Friday’s session and then closed lower with likely profit taking. Live Cattle futures were an average of 63¢ lower, except for 42¢ higher in spot Jun. Feeder Cattle futures were an average of $1.45 lower, except for 50¢ higher in spot May. Week to week on Friday, Live Cattle [...]

6:19

Cattle Current Podcast—May 9, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/05/09

Cattle futures gained Thursday with higher cash fed cattle prices and stronger Choice wholesale beef values. Toward the close, Live Cattle futures were an average of $1.22 higher. Feeder Cattle futures were an average of $2.83 higher. Negotiated cash fed cattle trade was light to moderate on very good demand in Nebraska and [...]

7:53

Cattle Current Podcast—May 8, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/05/07

Cattle futures were lower Wednesday but pared losses as the session wore on, as traders took a breather from recent contract highs. Toward the close, Live Cattle futures were an average of 64¢ lower, except for 5¢ higher in away Jun. Feeder Cattle futures were an average of 69¢ lower. Negotiated cash fed cattle [...]

6:16

Cattle Current Podcast—May 7, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/05/06

Lower outside markets helped keep Cattle futures in check Tuesday. Toward the close, Live Cattle futures were unchanged to an average of 21¢ higher, except for 7¢ lower in spot Jun. Feeder Cattle futures were unchanged to an average of 22¢ higher, except for 52¢ lower in spot May. Negotiated cash fed cattle trade [...]

7:57

Cattle Current Podcast—May 6, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/05/05

Cattle futures extended gains Monday with follow-through support from last week’s stronger cash fed cattle prices. Toward the close, Live Cattle futures were an average of $1.43 higher. Feeder Cattle futures were an average of $2.05 higher. Negotiated cash fed cattle trade was mostly inactive on moderate demand in all major cattle feeding regions [...]

7:27

Cattle Current Podcast—May 5, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/05/03

Cattle futures closed higher Friday, continuing to ride bullish fundamentals and stronger cash prices. Live Cattle futures closed an average of $1.88 higher. Feeder Cattle futures closed an average of $2.38 higher. Week to week on Friday, Live Cattle futures closed an average of $2.25 higher. Feeder Cattle futures were an average of $1.85 [...]

6:31

Cattle Current Podcast—May 2, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/05/02

Cattle futures were mainly lower Thursday, despite the previous day’s surge in cash fed cattle prices. Toward the close, Live cattle futures were an average of 52¢ lower, except for an average of 79¢ higher in the front two contracts. Feeder Cattle futures were an average of $1.39 lower, except for 47¢ higher in [...]

6:44

Cattle Current Podcast—April 29, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/04/28

Cattle futures were higher Monday, supported by another week of stronger cash fed cattle prices and a day of sharply higher wholesale beef values. Toward the close, Live Cattle futures were an average of 83¢ (20¢ higher toward the back to $1.50 higher at the front). Feeder Cattle futures were an average of 51¢ [...]

6:43

Cattle Current Podcast—April 28, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/04/27

Cattle futures were narrowly mixed to higher Friday, supported by the week’s stronger outside markets and the prospects for negotiated cash fed cattle prices retaining recent gains. Live Cattle futures closed narrowly mixed, from unchanged to an average of 12¢ lower in four contracts, to an average of 34¢ higher. Feeder Cattle futures closed [...]

4:59

Cattle Current Podcast—April 25, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/04/24

Cattle futures were higher Thursday, supported by stronger outside markets and the prospects for steady to higher cash fed cattle prices this week. Toward the close, Live Cattle futures were an average of 51¢ higher, except for 2¢ lower in near Jun. Feeder Cattle futures were an average of 65¢ higher. Negotiated cash fed [...]

5:13

Cattle Current Podcast—April 24, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/04/23

Cattle futures were higher Wednesday, helped along by firmer outside markets. Toward the close, Live Cattle futures closed an average of 89¢ higher. Feeder Cattle futures closed an average of 73¢ higher. Negotiated cash fed cattle trade ranged from mostly inactive on very light demand in Kansas to a standstill elsewhere through Wednesday afternoon, [...]

5:17

Cattle Current Podcast—April 23, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/04/23

Cattle futures rebounded Tuesday, following outside markets higher just they followed them lower the previous day. Toward the close, Live Cattle futures closed an average of $1.94 higher. Feeder Cattle futures closed an average of $2.50 higher. Negotiated cash fed cattle trade ranged from mostly inactive on very light demand to a standstill through [...]

6:40

Cattle Current Podcast—April 22, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/04/22

Cattle futures closed lower Monday, pressured by the sinking equities and perhaps added pressure from last week’s Cattle on Feed report which indicated more placements than expected last month. Toward the close, Live Cattle futures were an average of 34¢ lower, except for 20¢ higher in the back contract. Feeder Cattle futures were an [...]

5:52

Cattle Current Podcast—April 21, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/04/19

Negotiated cash fed cattle trade ranged from limited on light demand in the western Corn Belt to inactive on very light demand elsewhere through Friday afternoon, according to the Agricultural Marketing Service. For the week, FOB live prices were $4-$6 higher in the Texas Panhandle at $208-$210/cwt., $6 higher in Kansas at $210, $4-$6 [...]

6:25

Cattle Current Podcast—April 18, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/04/18

Negotiated cash fed cattle trade and demand were moderate in the Texas Panhandle through Thursday afternoon, according to the Agricultural Marketing Service. FOB live prices were $4 higher at $208/cwt. Elsewhere, trade was limited on light-to-moderate demand with too few transactions to trend. However, private sources were reporting higher prices in the North, too. [...]

7:13

Cattle Current Podcast—April 17, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/04/16

Cattle futures were higher Wednesday, continuing to backfill the gap left by tariff pressures. Positioning ahead of the monthly Cattle on Feed report — due out Thursday rather than the usual Friday — could have lent added support. Estimates ahead of the report peg March placements about 3.5% higher year over year and the [...]

4:34

Cattle Current Podcast—April 16, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/04/15

Cattle futures were higher again Tuesday. Toward the close, Live Cattle futures were an average of 70¢ higher. Feeder Cattle futures were an average of $1.44 higher. Negotiated cash fed cattle trade was at a standstill in all regions through Tuesday afternoon, according to the Agricultural Marketing Service. Last week, FOB live prices were [...]

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Cattle Current Market Update with Wes Ishmael

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