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Cattle Current Market Update with Wes Ishmael

Wes Ishmael: cattle business analyst and journalist

Daily Cattle Market News

business business news

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7:56

Cattle Current Podcast—Oct. 7, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/10/06

Cattle futures closed higher Friday, helped along by more bullish outside markets, indications of stronger cash trade and perhaps added confidence from the resolution to the dock strikes, at least for now. Live Cattle futures were an average of 63¢ higher. Feeder Cattle futures were an average of $1.48 higher (45¢ to $2.25 higher). [...]

4:46

Cattle Current Podcast—Oct. 4, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/10/03

Cattle futures were mixed Thursday, awaiting the week’s cash direction. Toward the close, Live Cattle futures were an average of 72¢ lower, except for an average of 19¢ higher in the back three contracts. Feeder Cattle futures were an average of 34¢ higher, except for an average of 66¢ lower in the front two [...]

5:45

Cattle Current Podcast—Oct. 3, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/10/03

Cattle futures gained Wednesday with expanding open interest from fund buying. Toward the close, Live Cattle futures were an average of $1.59 higher. Feeder Cattle futures were an average of $3.00 higher. Negotiated cash fed cattle trade was mostly inactive on light demand in all major cattle feeding regions through Wednesday afternoon, according to [...]

4:57

Cattle Current Podcast—Oct. 2, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/10/01

There was no afternoon USDA fed cattle report available at press time. Last week, FOB Live prices were $2 higher in the Southern Plains at $185/cwt., $2 higher in Nebraska at $186-$187 and steady to $3 higher in the western Corn Belt at $185-$187. Dressed delivered prices were mostly $2-$4 higher in Nebraska at [...]

5:52

Cattle Current Podcast—Oct. 1, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/09/30

7:05

Cattle Current Podcast—Sept. 30, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/09/29

Negotiated cash fed cattle trade ranged from mostly inactive on light demand in the north to a standstill in the Southern Plains through Friday afternoon, according to the Agricultural Marketing Service. For the week, FOB Live prices were $2 higher in the Southern Plains at $185/cwt., $2 higher in Nebraska at $186-$187 and steady [...]

5:41

Cattle Current Podcast—Sept. 25, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/09/24

Cattle futures were mixed but mostly higher Tuesday, supported by recently firmer wholesale beef prices stemming from slower packer production. Recently firm and higher wholesale beef prices, as packers slow production, helped Cattle futures mostly extend gains Monday. Heading into the close, Live Cattle futures closed an average of an average of 26¢ higher, [...]

6:54

Cattle Current Podcast—Sept. 24, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/09/24

Cattle futures furthered gains Monday with follow-through support from last week, as well as the neutral Cattle on Feed report. Heading into the close, Live Cattle futures closed an average of an average of 88¢ higher. Feeder Cattle futures were an average of 75¢ higher. Negotiated cash fed cattle trade was at a standstill [...]

6:49

Cattle Current Podcast—Sept. 23, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/09/22

Cattle futures continued higher Friday, spurred along by higher cash fed cattle prices. Live Cattle futures closed an average of $1.01 higher across a wide range, from 5¢ higher at the back to $2.50 higher in spot Oct, except for 10¢ lower in away Dec. Feeder Cattle futures were mixed Friday, closing from [...]

5:47

Cattle Current Podcast—Oct. 20, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/09/19

Cattle futures bounced higher Thursday with support from bullish outside markets and perhaps with some positioning ahead of Friday’s monthly Cattle on Feed report. Heading into the close, Live Cattle futures were an average of 94¢ higher. Feeder Cattle futures an average of $2.64 higher. Negotiated cash fed cattle trade ranged from mostly inactive [...]

6:38

Cattle Current Podcast—Sept. 19, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/09/18

Cattle futures were narrowly mixed Wednesday as traders waited for weekly cash direction. Heading into the close, Live Cattle futures were an average of 25¢ higher, except for unchanged and 32¢ lower on either end of the board. Feeder Cattle futures were an average of 28¢ higher, except for an average of 9¢ lower [...]

4:57

Cattle Current Podcast—Sept. 18, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/09/17

Cattle futures gained Tuesday. Heading into the close, Live Cattle futures were an average of $1.11 higher. Feeder Cattle futures were an average of $1.80 higher Negotiated cash fed cattle trade ranged from mostly inactive on light demand to a standstill through Tuesday afternoon, with too few transactions to trend, according to the Agricultural [...]

5:21

Cattle Current Podcast—Sept. 17, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/09/16

Cattle futures were narrowly mixed Monday, with Live Cattle edging lower and Feeder Cattle mostly eking out gains. Heading into the close, Live Cattle futures were an average of 21¢ lower. Feeder Cattle futures were an average of 30¢ higher, except for unchanged and 32¢ lower in two contracts. Negotiated cash fed cattle trade [...]

5:59

Cattle Current Podcast—Sept. 16, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/09/15

Cattle futures were narrowly mixed Friday, ending a week of recovery. Live Cattle futures were an average of 15¢ higher, except for unchanged to 37¢ lower in the front three contracts. Feeder Cattle futures were an average of 38¢ lower. Week to week on Friday, Live Cattle futures closed an average of $3.56 higher, [...]

7:26

Cattle Current Podcast—Sept. 13, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/09/12

Cattle futures gained Thursday, supported by steady to higher cash prices and a late-day bounce in outside markets. Heading into the close, Live Cattle futures were an average of 87¢ higher. Feeder Cattle futures were an average of $1.67 higher. Negotiated cash fed cattle trade ranged from slow on light demand to mostly inactive [...]

4:44

Cattle Current Podcast—Sept 12, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/09/12

Cattle futures gained Wednesday with apparent optimism about the potential for higher cash fed cattle prices this week. Heading into the close, Live Cattle futures were narrowly mixed, from an average of 71¢ higher. Feeder Cattle futures were an average of $1.62 higher. Negotiated cash fed cattle trade ranged from slow on light demand [...]

4:04

Cattle Current Podcast—Sept. 11, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/09/10

Cattle futures hovered amid two-sided trading Tuesday. Heading into the close, Live Cattle futures were narrowly mixed, from an average of 34¢ lower in the front four contracts to an average of 28¢ higher. Feeder Cattle futures were an average of 49¢ higher, except for 2¢ lower in Mar. Negotiated cash fed cattle trade [...]

6:29

Cattle Current Podcast—Sept. 10, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/09/10

More bullish outside markets helped Cattle futures bounce back Monday. Heading into the close, Live Cattle futures were an average of $1.91 higher. Feeder Cattle futures were an average of $3.87 higher. Negotiated cash fed cattle trade ranged from mostly inactive on light demand to a standstill through Monday afternoon, with too few transactions [...]

7:49

Cattle Current Podcast—Sept 9, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/09/08

Negative outside markets and softer cash fed cattle prices helped pressure Cattle futures again Friday. Live Cattle futures closed an average of $1.83 lower. Feeder Cattle futures closed an average of $3.60 lower. Week to week on Friday, Live Cattle futures were an average of $3.09 lower and Feeder Cattle futures were an average [...]

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Cattle Current Market Update with Wes Ishmael

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