PODCAST

Cattle Current Market Update with Wes Ishmael

Wes Ishmael: cattle business analyst and journalist

Daily Cattle Market News

business business news

All Episodes

5:42

Cattle Current Podcast—Dec. 10, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/12/10

Cattle futures were mostly higher Friday, supported by last week’s higher cash fed cattle trade and stronger wholesale beef values. Toward the close, Feeder Cattle futures were an average of 45¢ higher, except for an average of 12¢ lower at either end of the board. Live Cattle futures were an average of 44¢ higher. [...]

10:50

Cattle Current Podcast—Dec. 9, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/12/08

Cattle futures closed mainly higher Friday, boosted by higher cash fed cattle prices and despite USDA announcing a National Milk Testing Strategy aimed at surveillance of the nation’s milk supply and dairy herds for highly pathogenic avian influenza (HPAI) H5N1. Feeder Cattle futures closed an average of $1.04 higher. Live Cattle futures closed an [...]

6:51

Cattle Current Podcast—Dec. 6, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/12/06

Cattle futures weakened further Thursday sans weekly cash fed cattle direction and sluggish Choice wholesale beef values. Toward the close, Feeder Cattle futures were an average of $1.88 lower. Live Cattle futures were an average of $1.66 lower. Negotiated cash fed cattle trade ranged from mostly inactive on light demand in the Southern Plains [...]

5:26

Cattle Current Podcast—Dec. 5, 2025

Cattle Current Market Update with Wes Ishmael ·

2024/12/04

Cattle futures tracked lower Wednesday as traders await the week’s cash fed cattle direction and Choice wholesale beef values struggle. Toward the close, Feeder Cattle futures were an average of $1.46 lower. Live Cattle futures were an average of 91¢ lower. Negotiated cash fed cattle trade ranged from mostly inactive on light demand in [...]

7:10

Cattle Current Podcast—Dec. 4, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/12/03

Cattle futures found some footing Tuesday, led by Feeder Cattle as the CME Feeder Cattle Index continued to rise — up about $5 in the last two days. Toward the close, Feeder Cattle futures were an average of $1.48 higher. Live Cattle futures were an average of 73¢ higher. Negotiated cash fed cattle trade [...]

6:31

Cattle Current Podcast—Dec. 3, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/12/03

Cattle futures softened Monday, led by Feeder Cattle, perhaps pressured by profit taking. Toward the close, Feeder Cattle futures were an average of $2.31 lower. Live Cattle futures were an average of 40¢ lower, except for an average of 20¢ higher in the back two contracts. Negotiated cash fed cattle trade was at a [...]

7:13

Cattle Current Podcast—Dec. 2, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/12/01

Cattle futures closed mainly higher Friday, with week-to-week gains supported by stronger cash fed cattle prices and wholesale beef values. Feeder Cattle futures were an average of $1.24 higher. Week to week, they were an average of $4.60 higher; an average of $11.51 higher over the past two weeks. Live Cattle futures were an [...]

5:00

Cattle Current Podcast—Nov. 28-29, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/11/27

Negotiated cash fed cattle trade was moderate with good demand in all regions through Wednesday afternoon, according to the Agricultural Marketing Service. FOB live prices were $190/cwt. in all regions, which was $2-$3 higher in the Texas Panhandle, $3-$4 higher in Kansas, $2-$3 higher in Nebraska and $2-$5 higher in the western Corn Belt. [...]

5:23

Cattle Current Podcast—Nov. 27, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/11/27

Feeder Cattle futures continued higher Tuesday, buoyed in part by the temporary suspension of live cattle imports from Mexico (see below). Toward the close, Feeder Cattle futures were an average of $1.74 higher. Live Cattle futures were narrowly mixed, from an average of 19¢ lower in four contracts to an average of 21¢ higher. [...]

7:13

Cattle Current Podcast—Nov. 26, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/11/26

Feeder Cattle futures gained on Monday, due in part to USDA’s temporary suspension of imports and transit of live cattle from Mexico after the positive detection of New World screwworm in that nation (see below). Toward the close, Feeder Cattle futures were an average of $1.13 higher, except for 45¢ lower in the back [...]

7:44

Cattle Current Podcast—Nov. 25, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/11/24

Negotiated cash fed cattle trade was slow on light to moderate demand in all regions through Friday afternoon, according to the Agricultural Marketing Service. For the week, FOB live prices were $1 higher in the Texas Panhandle at $186/cwt., $1-$2 higher in Kansas at $186-$187, $2-$3 higher in Nebraska at $187-$188 and $1-$3 higher [...]

4:53

Cattle Current Podcast—Nov. 22, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/11/22

Negotiated cash fed cattle trade ranged from slow on light demand in the North to a standstill in the Southern Plains through Thursday afternoon, according to the Agricultural Marketing Service. There were some dressed delivered sales in Nebraska at $290/cwt., which was steady with last week. Last week, FOB live prices were $185/cwt., in [...]

5:10

Cattle Current Podcast—Nov. 20, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/11/20

Cattle futures continued higher Tuesday, helped along by this week’s firmer Choice wholesale beef values. Toward the close, Live Cattle futures were an average of $1.50 higher. Feeder Cattle futures were an average of $2.43 higher. Negotiated cash fed cattle trade was mostly inactive on very light demand through Tuesday afternoon, according to the [...]

7:17

Cattle Current Podcast—Nov. 19, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/11/19

Cattle futures extended gains Monday, led once again by Feeder Cattle and underpinned by strong cash demand for calves and feeder cattle. Toward the close, Feeder Cattle futures were an average of $2.41 higher. Live Cattle futures were an average of $1.18 higher. Negotiated cash fed cattle trade was at a standstill through Monday [...]

9:29

Cattle Current Podcast—Nov. 18, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/11/17

Feeder Cattle futures closed an average of $3.16 higher on Friday, leading the complex higher. Week to week on Friday, they closed an average of $5.58 higher, buoyed by lower Corn futures and strong cash demand in the country with added support from recent rains in wheat pasture country. Live Cattle futures were an [...]

5:01

Cattle Current Podcast—Nov. 15, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/11/15

Negotiated cash fed cattle trade was slow on light to moderate demand in the North through Thursday afternoon, according to the Agricultural Marketing Service. Based on the latest established trends, FOB live prices are $1-$2 lower in Nebraska at $185/cwt. and $3 lower in the western Corn Belt at $182-$185. Dressed delivered prices are [...]

3:50

Cattle Current Podcast—Nov. 14, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/11/14

Cattle futures mainly edged higher Wednesday, awaiting established weekly cash fed cattle trade. Toward the close, Live Cattle futures were narrowly mixed, from an average of 15¢ lower in the front three contracts to an average of 15¢ higher. Feeder Cattle futures were an average of 59¢ higher, except for 35¢ lower in spot [...]

4:37

Cattle Current Podcast—Nov. 13. 2024

Cattle Current Market Update with Wes Ishmael ·

2024/11/13

Cattle futures extended gains Tuesday, supported by another day of firmer Choice boxed beef cutout values and likely short covering. Toward the close, Live Cattle futures were an average of 96¢ higher. Feeder Cattle futures were an average of $1.56 higher. Negotiated cash fed cattle trade was at a standstill in all major cattle [...]

4:43

Cattle Current Podcast—Nov. 12. 2024

Cattle Current Market Update with Wes Ishmael ·

2024/11/12

Cattle futures found some footing Monday, helped along by the firmer boxed beef cutout values. Toward the close, Live Cattle futures were an average of 21¢ higher, except for unchanged in spot Dec and $1.00 higher at the back of the board. Feeder Cattle futures were an average of 87¢ higher. Negotiated cash fed [...]

10:42

Cattle Current Podcast—Nov. 11, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/11/10

Cattle futures closed sharply lower Friday, pressured by lower cash prices, lower wholesale beef values and the Goldman role. Live Cattle futures were an average of $1.38 lower. Week to week on Friday, they ranged from an average of $1.31 lower in the front four contracts to an average of 93¢ higher. Feeder Cattle [...]

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Cattle Current Market Update with Wes Ishmael

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