PODCAST

Cattle Current Market Update with Wes Ishmael

Wes Ishmael: cattle business analyst and journalist

Daily Cattle Market News

business business news

All Episodes

5:52

Cattle Current Podcast—Sept. 6, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/09/06

Cattle futures closed lower Thursday, pressured by lower cash fed cattle prices in the South and skittish outside markets. Live Cattle futures closed an average of $1.64 lower. Feeder Cattle futures closed an average of $3.23 lower. Negotiated cash fed cattle trade ranged from moderate on moderate demand in the Texas Panhandle to slow [...]

6:16

Cattle Current Podcast—Sept. 5, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/09/05

Live Cattle futures were an average of 23¢ lower, except for an average of 24¢ higher in three contracts, with pressure from early cash weakness in the South. Feeder Cattle futures were an average of $1.23 lower, pressured by lower Live Cattle and higher Corn. Negotiated cash fed cattle trade ranged from slow on [...]

6:39

Cattle Current Podcast—Sept 2 and 3-2024

Cattle Current Market Update with Wes Ishmael ·

2024/09/02

Cattle futures gained Friday as traders closed their book for the week and month. Support included firmer wholesale beef values and positive outside markets. Live Cattle futures were an average of 96¢ higher. Feeder Cattle futures closed an average of 87¢ higher. Cattle futures also gained week to week. Live Cattle futures closed an [...]

6:37

Cattle Current Podcast—Aug. 30, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/08/29

Cattle futures were lower Thursday, pressured by steady to weaker cash fed cattle prices and the recent decline in wholesale beef values. Heading into the close, Live Cattle futures were an average of $1.45 lower, except for $1 higher in expiring spot Aug. Feeder Cattle futures were an average of $2.28 lower. Negotiated [...]

5:33

Cattle Current Podcast—Aug. 29, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/08/28

Cattle futures softened Wednesday with pressure including the lack of weekly cash direction and a sharp decline in wholesale beef values. Heading into the close, Live Cattle futures were an average of 67¢ lower. Feeder Cattle futures were narrowly mixed from an average of 44¢ lower to an average of 11¢ higher. Negotiated [...]

6:12

Cattle Current Podcast—Aug. 28, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/08/28

Cattle futures mainly extended gains Tuesday with hopes the near bottom has been carved, supported by ongoing relative demand strength. Heading into the close, Live Cattle futures were an average of $1.35 higher. Feeder Cattle futures were an average of 55¢ higher, except for an average of 25¢ lower in the front two contracts. [...]

7:04

Cattle Current Podcast—Aug. 27, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/08/26

Cattle futures moved higher Monday, although many thought traders might see bearishness in more placements than expected in Friday’s Cattle on Feed report. Heading into the close, Live Cattle futures were an average of 89¢ higher. Feeder Cattle futures were an average of $2.59 higher. Negotiated cash fed cattle trade was at a standstill [...]

7:07

Cattle Current Podcast—Aug. 26, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/08/25

Cattle futures were narrowly mixed Friday as traders waited the monthly Cattle on Feed report, which will likely be viewed as neutral to slightly bearish (see below). Live Cattle futures closed an average of 29¢ lower except for 2¢ higher in spot Aug. Feeder Cattle futures closed mixed, from an average of 49¢ higher [...]

5:32

Cattle Current Podcast—Aug. 23, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/08/23

Short covering on Thursday, ahead of Friday’s monthly Cattle on Feed report appeared to be the main driver of firming Cattle Futures. Heading into the close Live Cattle futures were an average of $1.22 higher. Feeder Cattle futures were an average of $1.89 higher. Negotiated cash fed cattle trade ranged from inactive on light [...]

4:41

Cattle Current Podcast—Aug. 19, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/08/19

Cattle futures closed lower Friday, pressured by technicals and the week’s lower cash fed cattle prices. Live Cattle futures were an average of $1.91 lower ($1.22 to $2.62 lower). Week to week, they were an average of $1.21 lower (35¢ to $2.85 lower). Feeder Cattle futures were an average of $4.62 lower on Friday. [...]

5:02

Cattle Current Podcast—Aug. 15, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/08/15

Cattle futures gained Wednesday, supported by positive outside markets. Before settlement, 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 mostly inactive on very light demand to a standstill through Wednesday afternoon, according to the Agricultural Marketing Service. [...]

3:13

Cattle Current Podcast—Aug. 14, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/08/14

Cattle futures gained Tuesday, supported by positive outside markets and firmer wholesale beef values. Before settlement, Live Cattle futures were an average of $1.43 higher. Feeder Cattle futures were an average of $2.59 higher. Negotiated cash fed cattle trade was at a standstill in all major cattle feeding regions through Tuesday afternoon, according to [...]

8:38

Cattle Current Podcast—Aug. 13, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/08/13

Cattle futures were unable to extend gains from the previous session, apparently pressured once again, in part by demand concerns. Before settlement, Live Cattle futures closed an average of 80¢ lower. Feeder Cattle futures were an average of $1.79 lower. Negotiated cash fed cattle trade ranged from mostly inactive on very light demand to [...]

5:36

Cattle Current Podcast—Aug. 12, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/08/10

Cattle futures closed higher with week-end positioning and positive outside markets but were lower week to week, unable to recover from the early-week meltdown. Live Cattle futures closed an average of $1.92 higher (77¢ to $3.12 higher). However, they were an average of about $2.44 lower week to week. Feeder Cattle futures closed an [...]

5:44

Cattle Current Podcast—Aug. 9, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/08/08

Cattle futures lost ground Thursday with pressure from lower cash fed cattle prices and softening wholesale beef values. Before settlement, Live Cattle futures were an average of $1.13 lower. Feeder Cattle futures were an average of $1.89 lower. Negotiated cash fed cattle trade ranged from moderate on moderate demand in the Texas Panhandle to [...]

4:33

Cattle Current Podcast—Aug. 8, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/08/07

Negotiated cash fed cattle trade ranged from a standstill in the Texas Panhandle to slow on light demand elsewhere through Wednesday afternoon, according to the Agricultural Marketing Service. So far this week, FOB live prices are $3 lower in Nebraska at $193/cwt. and $1-$3 lower in the western Corn Belt at $193. There were [...]

5:00

Cattle Current Podcast—Aug. 7, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/08/06

Cattle futures tried for gains early in Tuesday’s session, in the wake of the recent selloff but ended mainly slightly lower. Before settlement, Live Cattle futures were an average of 32¢ lower except for an average of 33¢ higher in three contracts. Feeder Cattle futures closed were average of 36¢ lower, except for 5¢ [...]

6:03

Cattle Current Podcast—Aug. 6, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/08/05

Cattle futures sank lower again Monday, tracing the selloff in outside markets. Before settlement, Live Cattle futures were an average of $3.58 lower. Feeder Cattle futures closed were average of $6.57 lower. Negotiated cash fed cattle trade ranged from inactive on very light demand to a standstill through Monday afternoon, according to the Agricultural [...]

5:32

Cattle Current Podcast—Aug. 5, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/08/04

Cattle futures continued to carve a sharp path lower Friday, as equity markets unwound with growing concerns of recession. Live Cattle futures closed an average of $2.02 lower. Feeder Cattle futures closed average of $4.15 lower. Negotiated cash fed cattle trade ranged from moderate on moderate demand to inactive on light demand through Friday [...]

5:48

Cattle Current Podcast—Aug. 2, 2024

Cattle Current Market Update with Wes Ishmael ·

2024/08/01

Cattle futures were sharply lower Thursday, weighed down by wobbly cash trade, technical selling, bearish outside markets and lower wholesale beef values. Before settlement, Live Cattle futures closed an average of $1.84 lower. Feeder Cattle futures were an average of $4.97 lower. Negotiated cash fed cattle trade ranged from slow on light to moderate [...]

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Cattle Current Market Update with Wes Ishmael

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