PODCAST

Cattle Current Market Update with Wes Ishmael

Wes Ishmael: cattle business analyst and journalist

Daily Cattle Market News

business business news

All Episodes

7:38

Cattle Current Podcast—June 8, 2026

Cattle Current Market Update with Wes Ishmael ·

2026/06/06

Cattle futures extended gains Friday. Live Cattle futures were an average of 79¢ higher. Feeder Cattle futures were an average of 53¢ higher, except for 25¢ lower in the back contract. Week to week on Friday, Live Cattle futures closed an average of $2.01 higher, and Feeder Cattle futures closed an average of $6.22 [...]

7:14

Cattle Current Podcast—June 5, 2026

Cattle Current Market Update with Wes Ishmael ·

2026/06/05

Cattle futures roared higher Thursday, despite confirmation of New World screwworm in the United States. Apparently, the eventuality was priced into the market and removing the uncertainty added buyer confidence. Feeder Cattle futures were an average of $10.68 higher, limit up in all but three contracts. Live Cattle futures were an average of $3.85 [...]

6:09

Cattle Current Podcast—June 4, 2026

Cattle Current Market Update with Wes Ishmael ·

2026/06/04

Cattle futures were lower Wednesday, pressured by reports that USDA was testing two calves from Texas for New World screwworm infection, as well as negative outside markets. Toward the close, Live Cattle futures were an average of $2.05 lower. Feeder Cattle futures were an average of $5.61 lower. Negotiated cash fed cattle trade was [...]

6:03

Cattle Current Podcast—June 2, 2026

Cattle Current Market Update with Wes Ishmael ·

2026/06/02

Cattle futures were higher Monday, helped along by stronger outside markets. Toward the close, Live Cattle futures were an average of $1.42 higher. Feeder Cattle futures were an average of $3.22 higher. Negotiated cash fed cattle trade was inactive on light demand in all regions through Monday afternoon, according to the Agricultural Marketing Service. [...]

8:12

Cattle Current Podcast—June 1, 2026

Cattle Current Market Update with Wes Ishmael ·

2026/05/30

Cattle futures closed lower Friday, pressured by lower negotiated cash fed cattle prices, seasonally reluctant wholesale beef values, another New World screwworm case in Mexico creeping closer to the U.S. border, as well as week-end and month-end positioning. Live Cattle futures closed an average of $2.17 lower. Feeder Cattle futures closed an average of [...]

5:36

Cattle Current Podcast—May 29, 2026

Cattle Current Market Update with Wes Ishmael ·

2026/05/28

Cattle futures traded both sides Thursday but ended lower, with traders apparently awaiting this week’s negotiated cash fed direction. Toward the close, Live Cattle futures were an average of $1.00 lower. Feeder Cattle futures were an average of $1.25 lower. Negotiated cash fed cattle trade was mostly inactive on light demand in all major [...]

5:52

Cattle Current Podcast—May 28, 2026

Cattle Current Market Update with Wes Ishmael ·

2026/05/27

Cattle futures were higher Wednesday, buoyed by stronger wholesale beef values and outside markets. Toward the close, Live Cattle futures were an average of $2.61 higher. Feeder Cattle futures were an average of $4.42 higher. Negotiated cash fed cattle trade was mostly inactive on light demand in all major cattle feeding regions through Wednesday [...]

5:53

Cattle Current Podcast—May 27, 2026

Cattle Current Market Update with Wes Ishmael ·

2026/05/27

Cattle futures closed mixed to slightly higher Tuesday as traders appeared to shrug off Friday’s Cattle on Feed report, or pointing to the fact it was already adequately priced into the market. Toward the close, Live Cattle futures were an average of 44¢ higher, except for an average of 46¢ lower in three contracts. [...]

6:50

Cattle Current Podcast—May 25-26, 2026

Cattle Current Market Update with Wes Ishmael ·

2026/05/23

Cattle futures closed lower Friday as managed money appeared to exit positions ahead of the long weekend and in anticipation of bearish feedlot placements, which proved to be the case (see below). Live Cattle futures closed an average of 67¢ lower, except for an average of 20¢ higher in the front two contracts. Feeder [...]

4:51

Cattle Current Daily—May 22, 2026

Cattle Current Market Update with Wes Ishmael ·

2026/05/21

Cattle futures were sharply lower Thursday with no apparent headlines for fuel. Pressure included steady to lower negotiated cash fed cattle prices, softer wholesale beef values and likely positioning ahead of Friday's Cattle on Feed report and the three-day weekend. Depending on the source, pre-report estimates are for April placement to be up 3% [...]

6:31

Cattle Current Podcast—May 21, 2026

Cattle Current Market Update with Wes Ishmael ·

2026/05/20

Cattle futures were mixed Wednesday. Feeder Cattle were likely supported by sliding Corn futures, while Live Cattle could have been pressured in part by squeamishness about Friday’s monthly Cattle on Feed report. Odds favor it showing increased feedlot placements year over year, given the likelihood of drought-driven early placements, as well as the fact [...]

4:41

Cattle Current Podcast—May 20, 2026

Cattle Current Market Update with Wes Ishmael ·

2026/05/19

Cattle futures found some footing Tuesday, helped along by higher wholesale prices. Toward the close, Live Cattle futures were an average of 79¢ higher (2¢ to $1.30 higher). Feeder Cattle futures were an average of $4.04 higher. Negotiated cash fed cattle trade was mostly inactive on light to moderate demand in all major cattle [...]

8:11

Cattle Current Podcast—May 19, 2026

Cattle Current Market Update with Wes Ishmael ·

2026/05/18

Cattle futures trended lower Monday with pressure including more bearish outside markets and the strong rebound in Corn futures. Toward the close, Live Cattle futures were an average of 89¢ lower. Feeder Cattle futures were an average of $2.43 lower (10¢ lower in spot May to $3.10 lower). Negotiated cash fed cattle trade was [...]

7:15

Cattle Current Podcast—May 18, 2026

Cattle Current Market Update with Wes Ishmael ·

2026/05/16

Cattle futures retrenched and gained Friday, boosted by the week’s higher negotiated cash fed cattle prices. Heading into the new week, there could be support from Friday’s late-day news that China appears to have opened the door to renewed beef imports from the U.S. (see below). Live Cattle futures closed an average of $1.64 [...]

7:05

Cattle Current Podcast—May 15, 2026

Cattle Current Market Update with Wes Ishmael ·

2026/05/14

Cattle futures lost momentum on Thursday, despite higher negotiated cash fed cattle prices. Toward the close, Live Cattle futures were an average of 34¢ lower, except for an average of $1.96 higher in the back two contracts. Feeder Cattle futures were an average of $2.30 lower, except for an average of 35¢ higher in [...]

6:00

Cattle Current Podcast—May 14, 2026

Cattle Current Market Update with Wes Ishmael ·

2026/05/13

Cattle futures gained traction from the recent headlines-driven decline, supported by steady to higher negotiated cash fed cattle prices. Toward the close, Live Cattle futures were an average of $3.61 higher. Feeder Cattle futures were an average of $3.45 higher, except for $1.17 lower in away May. Negotiated cash fed cattle trade ranged from [...]

8:05

Cattle Current Podcast—May 13, 2026

Cattle Current Market Update with Wes Ishmael ·

2026/05/12

Cattle futures continued lower Tuesday on wonderment about expected reduced tariffs on beef imports. Toward the close, Live Cattle futures were an average of $2.45 lower. Feeder Cattle futures were an average of $5.94 lower. Negotiated cash fed cattle trade was mostly inactive on moderate demand in all major cattle feeding regions through Monday [...]

7:34

Cattle Current Podcast—May 11, 2026

Cattle Current Market Update with Wes Ishmael ·

2026/05/10

Cattle futures closed lower Friday. Live Cattle futures closed an average of $1.33 lower. Feeder Cattle futures closed an average of $2.43 lower, except for $1.05 higher in spot May. Week to week on Friday, Cattle futures gave back much of the previous week’s gains with Live Cattle an average of $4.04 lower and [...]

6:05

Cattle Current Podcast—May 8, 2026

Cattle Current Market Update with Wes Ishmael ·

2026/05/08

Cattle futures closed lower Thursday but off session lows with no obvious driver. Toward the close, Live Cattle futures were an average of $3.25 lower. Feeder Cattle futures were an average of $5.87 lower. Negotiated cash fed cattle trade was active on very good demand in all major cattle feeding regions through Thursday afternoon, [...]

7:27

Cattle Current Podcast—May 7, 2026

Cattle Current Market Update with Wes Ishmael ·

2026/05/07

Cattle futures lost early steam Wednesday but closed narrowly mixed to higher, supported by bullish outside markets. Toward the close, Live Cattle futures were narrowly mixed, from an average of 21¢ lower to an average of 37¢ higher. Feeder Cattle futures were an average of 69¢ higher. Negotiated cash fed cattle trade was mostly [...]

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Cattle Current Market Update with Wes Ishmael

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Cattle Current Market Update with Wes Ishmael

Wes Ishmael: cattle business analyst...