PODCAST

Cattle Current Market Update with Wes Ishmael

Wes Ishmael: cattle business analyst and journalist

Daily Cattle Market News

business business news

All Episodes

5:27

Cattle Current Podcast—April 15, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/04/15

Cattle futures were higher again Monday, as outside markets continued to improve. Toward the close, Live Cattle futures were an average of $1.36 higher. Feeder Cattle futures were an average of $2.22 higher. Negotiated cash fed cattle trade was at a standstill in all regions through Monday afternoon, according to the Agricultural Marketing Service. [...]

9:08

Cattle Current Podcast—April 14, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/04/13

Cattle futures closed higher Friday, following stronger equity markets. Live Cattle futures were an average of $2.15 higher. Feeder Cattle futures were an average of $3.47 higher. Week to week on Friday, Live Cattle futures closed mixed, from an average of 80¢ lower in the front three contracts to an average of $2.45 higher. [...]

7:07

Cattle Current Podcast—April 11, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/04/10

Cattle futures were lower Thursday, giving back a fair bit of the previous day’s gains as equity markets lost ground. Toward the close, Live Cattle futures were an average of $2.09 lower. Feeder Cattle futures were an average of $2.50 lower. Negotiated cash fed cattle trade was slow on slow to moderate demand in [...]

7:25

Catlte Current Podcast—April 8, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/04/08

Cattle futures continued lower Monday as equity markets unraveled further. Toward the close, Live Cattle futures were an average of $2.66 lower and Feeder Cattle futures were an average of $2.18 lower. Negotiated cash fed cattle trade ranged from inactive on very light demand in Kansas to a standstill through Monday afternoon, according to [...]

7:05

Cattle Current Podcast—April 7, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/04/06

Cattle futures plunged lower Friday with follow-through, tariff-related pressure — limit-down in some contracts. Live Cattle futures closed an average of $6.00 lower. Feeder Cattle futures closed an average of $7.81 lower. Negotiated cash fed cattle trade ranged from light on light demand in the Southern Plains to light on moderate demand in the [...]

5:24

Cattle Current Podcast—April 4, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/04/03

Steep and far-ranging U.S. tariffs announced by the Trump administration rattled equities and Cattle futures markets Thursday. Along with continued uncertainty surrounding the tariffs and their implementation, worries abound that they will increase inflation, disrupt supply chains and slow economic growth the world over. Cattle futures sank Thursday. Tariffs themselves may have little impact [...]

6:12

Cattle Current Podcast—April 3, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/04/02

Cattle futures continued to grind higher Wednesday. Toward the close, Live Cattle futures were an average of 98¢ higher, from 47¢ to $1.95 higher toward the front of the board. Feeder Cattle futures were an average of $1.49 higher. Negotiated cash fed cattle trade ranged from mostly inactive on very light demand in the [...]

5:17

Cattle Current Podcast—April 2, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/04/01

Cattle futures were higher Tuesday on the first day of the new quarter, supported by strengthening wholesale beef values. Choice boxed beef cutout value was $6.96 higher Tuesday afternoon at $342.22/cwt. Select was $2.06 higher at $322.07. Toward the close, Live Cattle futures were an average of $2.06 higher. Feeder Cattle futures were an [...]

6:54

Cattle Current Podcast—April 1, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/03/31

Cattle futures were mixed to lower Monday with likely month-end and quarter-end profit taking. Toward the close, Live Cattle futures were an average of 82¢ lower. Feeder Cattle futures were narrowly mixed, from an average of 58¢ lower to an average of 19¢ higher. Negotiated cash fed cattle trade ranged from mostly inactive on [...]

7:46

Cattle Current Podcast—March 31, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/03/30

Cattle futures closed lower Friday with likely profit taking but were higher week to week. Live Cattle futures closed an average of 62¢ lower, from 12¢ lower at the back to $1.00 lower toward the front. Feeder Cattle futures were an average of 82¢ lower. Week to week on Friday, Live Cattle futures closed [...]

6:18

Cattle Current Podcast—March 28, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/03/27

Cattle futures rose Thursday, supported by recent wholesale beef price strength and perhaps speculation that cattle feeders can push cash fed cattle prices higher again this week. Toward the close, Live Cattle futures were an average of $1.96 higher across a broad range of 60¢ higher at the back to $3.12 higher toward the [...]

4:59

Cattle Current Podcast—March 27, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/03/26

Cattle futures mostly gained Wednesday, helped along by bullish Choice wholesale beef values. Toward the close, Live Cattle futures were an average of 39¢ higher. Feeder Cattle futures were an average of $1.25 higher, except for 15¢ lower in waning Mar. Negotiated cash fed cattle trade was light on very light demand in the [...]

5:14

Cattle Current Podcast—March 26, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/03/25

Cattle futures closed mostly a touch lower Tuesday but off of session lows as traders await this week’s cash fed cattle direction. Toward the close, Live Cattle futures were an average of 33¢ lower, except for an average of 56¢ higher in the front two contracts. Feeder Cattle futures were an average of 36¢ [...]

7:36

Cattle Current Podcast—March 25, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/03/24

Cattle futures closed narrowly mixed Monday, following early-session strength supported by last week’s strong cash fed cattle prices and Friday’s friendly Cattle on Feed report. Toward the close, Live Cattle futures were an average of 42¢ lower. Feeder Cattle futures were an average of 23¢ lower, except for an average of 16¢ higher in [...]

6:40

Cattle Current Podcast—March 24, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/03/23

Negotiated cash fed cattle trade was active on very good demand in all major cattle feeding regions through Friday afternoon, according to the Agricultural Marketing Service. FOB live prices were $7-$8 higher in the Southern Plains at $210/cwt. and $6-$9 higher in the North at $212-$215. Dressed delivered prices were $10 higher at $335. [...]

4:25

Cattle Current Podcast—March 21, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/03/21

Cattle futures extended gains Thursday, supported by recently higher wholesale beef values and the increasing likelihood of higher cash fed cattle prices for the week. Through mid-morning Friday, Cattle futures were lower ahead of the monthly Cattle on Feed report. On Thursday, Live Cattle futures closed an average of $1.36 higher. Feeder Cattle futures [...]

5:47

Cattle Current Podcast—March 20, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/03/19

Cattle futures were higher Wednesday, supported by surging wholesale beef values, firmer outside markets and possibly an eye toward Friday’s monthly Cattle on Feed report. Pre-report estimates are for February feedlot placements to be about 14% less year over year, February marketing to be down about 8% and the March 1 cattle on feed [...]

4:06

Cattle Current Podcast—March 19, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/03/18

Cattle futures were narrowly mixed Tuesday with pressure from outside markets and wonderment about this week’s cash fed cattle prices. Toward the close, Live Cattle futures were narrowly mixed, from unchanged to 12¢ lower in five contracts to an average of 13¢ higher. Feeder Cattle futures were an average of 20¢ higher, except for [...]

7:28

Cattle Current Podcast—March 18, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/03/18

Cattle futures closed higher Monday, supported by last week’s bounce in cash fed cattle prices and stronger wholesale beef values. Toward the close, Live Cattle futures closed an average of $1.77 higher. Feeder Cattle futures were an average of $2.74 higher. Negotiated cash fed cattle trade was at a standstill in all major cattle [...]

7:21

Cattle Current Podcast—March 17, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/03/16

Cash fed cattle prices helped lead Cattle futures higher Friday and for the week. Negotiated cash fed cattle trade was light to moderate on good demand in the North through Friday afternoon, according to the Agricultural Marketing Service. FOB live prices were $3-$5 higher at $205/cwt. in a light test. Dressed delivered prices in [...]

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Cattle Current Market Update with Wes Ishmael

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