PODCAST

Cattle Current Market Update with Wes Ishmael

Wes Ishmael: cattle business analyst and journalist

Daily Cattle Market News

business business news

All Episodes

5:25

Cattle Current Podcast—March 14, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/03/13

Cattle futures were mixed Thursday with support from growing optimism about cash fed cattle prices this week but pressure from bearish outside markets. Toward the close, Live Cattle futures were mixed, from unchanged to an average of 22¢ lower in four contracts to an average of 48¢ higher. Feeder Cattle futures were an average [...]

4:52

Cattle Current Podcast—March 13, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/03/13

Cattle futures gained traction Wednesday with recently stronger wholesale beef values and prospects of higher cash fed cattle prices this week. Toward the close, Live Cattle futures were an average of $1.51 higher. Feeder Cattle futures were an average of $2.92 higher Negotiated cash fed cattle trade was limited on light demand in Kansas [...]

6:16

Cattle Current Podcast—March 12, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/03/11

Cattle futures were mixed Tuesday. Toward the close, Live Cattle futures were an average of 71¢ lower (7¢ to $1.20 lower), except for 37¢ higher in away Jun with likely profit taking ahead of this week’s cash trade. Feeder Cattle futures were an average of $1.01 higher, fueled by strong cash demand in the [...]

7:59

Cattle Current Podcast—March 11, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/03/11

Cattle futures on Monday were mostly able to hold on to the previous session’s strong gains tied to higher cash fed cattle prices and recently stronger wholesale beef values, despite significantly lower outside markets. Toward the close, Live Cattle futures were an average of 34¢ higher, except for 2¢ lower in spot Apr. Feeder [...]

8:48

Cattle Current Podcast—March 10, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/03/09

Cattle futures rebounded Friday, fueled by the higher cash fed cattle prices in the North. Live Cattle futures closed an average of $2.76 higher ($1.55 higher at the back to $4.00 higher at the front). Feeder Cattle futures closed an average of $3.76 higher. Week to week on Friday, Live Cattle futures closed an [...]

6:32

Cattle Current Podcast—March 7, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/03/07

Cattle futures softened Thursday as outside markets turned more bearish and the week’s cash fed cattle trade remained unestablished. Toward the close, Live Cattle futures were an average of 46¢ lower. Feeder Cattle futures were an average of 94¢ lower. Negotiated cash fed cattle trade ranged from limited on light demand in Kansas to [...]

5:48

Cattle Current Podcast—March 6, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/03/06

Cattle futures gained Wednesday and continued to retrench, supported by higher outside markets. Toward the close, Live Cattle futures were an average of $2.08 higher. Feeder Cattle futures were an average of $3.39 higher. Negotiated cash fed cattle trade ranged from inactive on light demand in in the Southern Plains to a standstill elsewhere [...]

5:55

Cattle Current Podcast—March 5, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/03/05

Cattle futures steadied Tuesday after initial pressure tied to new U.S. tariffs and worries about how trading partners will respond. Dan Halstrom, president and CEO of the U.S. Meat Export Federation says, “We are reviewing the retaliatory measures announced by Canada and China and are watching for details on the response from Mexico. He [...]

6:35

Cattle Current Podcast—March 4, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/03/04

Cattle futures extended losses from the previous session on Monday, and for the same reasons: long-position liquidation by funds tied to growing uncertainty tied to looming U.S. tariffs and concerns about domestic economic growth. Toward the close, Live Cattle futures were an average of 71¢ lower. Feeder Cattle futures were an average of 74¢lower. [...]

7:51

Cattle Current Podcast—March 3, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/03/02

Cattle futures closed lower Friday with the week’s lower cash fed cattle trade, sluggish wholesale beef prices, position squaring and wariness over the impact of U.S. tariffs set to begin this week. Live Cattle futures were an average of $2.58 lower. Feeder Cattle futures were an average of $2.45 lower. Week to week on [...]

9:32

Cattle Current Podcast—Feb. 28, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/02/28

Cattle futures gained Thursday with support from lower feed futures and the likelihood of fewer Mexican cattle imports when new tariffs begin. Toward the close, Live Cattle futures were an average of 67¢ higher. Feeder Cattle futures were an average of $2.06 higher. Negotiated cash fed cattle trade ranged from a standstill in the [...]

5:33

Cattle Current Podcast—Feb. 27, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/02/27

Cattle futures softened Wednesday with the lack of weekly cash direction in the fed cattle market. Toward the close, Live Cattle futures were an average of 74¢ lower. Feeder Cattle futures were an average of 71¢ lower, except for 20¢ higher in spot Mar. Negotiated cash fed cattle trade ranged from mostly inactive on [...]

6:55

Cattle Current Podcast—Feb. 26, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/02/26

Cattle futures were higher Tuesday, helped along by stronger wholesale beef values, another day of lower Corn futures and follow-through support tied to the recent Cattle on Feed report. Toward the close on Tuesday, Live Cattle futures were an average of 82¢ higher. Feeder Cattle futures were an average of $1.98 higher. Negotiated cash [...]

9:25

Cattle Current Podcast—Feb. 25, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/02/25

Cattle futures closed higher Monday, buoyed by the recent Cattle on Feed report and a sharp decline in Grain futures. Toward the close on Monday, Live Cattle futures were an average of $1.31 higher. Feeder Cattle futures were an average of $4.10 higher. Negotiated cash fed cattle trade was at a standstill in all [...]

7:14

Cattle Current Podcast—Feb. 24, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/02/23

Cattle futures firmed on Friday and closed higher week to week, despite the decline in cash fed cattle prices. Live Cattle futures closed an average of 47¢ higher. Feeder Cattle futures closed an average of $1.09 higher. Week to week on Friday, Live Cattle futures closed an average of 96¢ higher (7¢ to $1.57 [...]

6:07

Cattle Current Podcast—Feb. 21, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/02/20

Cattle futures were lower Thursday with dimming cash fed cattle price prospects, unwinding wholesale beef values, more bearish outside markets and perhaps positioning ahead of the monthly Cattle on Feed report due out Friday. Ahead of the report, analysts see January placement 3% higher year over year, January marketings about 2% higher and the [...]

6:35

Cattle Current Podcast—Feb. 20, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/02/20

Cattle futures basically paddled in place Wednesday, awaiting the week’s cash fed cattle direction. Toward the close, Live Cattle futures were an average of 49¢ higher. Feeder Cattle futures were an average of 25¢ lower. Negotiated cash fed cattle trade ranged from mostly inactive on very light demand to a standstill through Wednesday afternoon, [...]

5:13

Cattle Current Podcast—Feb. 19, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/02/18

Live Cattle future firmed Tuesday while Feeder Cattle futures bounced higher. Toward the close on Tuesday, Live Cattle futures were mixed, from unchanged to an average of 7¢ lower through the front four contracts to an average of 71¢ higher. Feeder Cattle futures were an average of $2.49 higher. Negotiated cash fed cattle trade [...]

4:07

Cattle Current Podcast—Feb. 18, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/02/17

There was no USDA report for Monday negotiated cash fed cattle trade at press time. Last week, FOB live prices were $203/cwt., which was $3 lower in the Southern Plains, $5 lower in Nebraska and $2-$5 lower in the western Corn Belt. Dressed delivered prices were $7-$8 lower in Nebraska at $320-$321. The previous [...]

7:07

Cattle Current Podcast—Feb. 17, 2025

Cattle Current Market Update with Wes Ishmael ·

2025/02/16

Negotiated cash fed cattle trade ranged from mostly inactive on light demand to a standstill in the Southern Plains through Friday afternoon, according to the Agricultural Marketing Service. In the North, trade ranged from slow on moderate demand in the western Corn Belt to moderate on moderate demand in Nebraska. For the week, FOB [...]

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Cattle Current Market Update with Wes Ishmael

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