Claim OwnershipCattle Current Market Update with Wes Ishmael
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Whether you trade cattle once a year or every day, Cattle Current with Wes Ishmael helps you stay in the market with a daily morning snapshot of the previous day's market action and news shaping the market ahead. Cattle market highlights and commentary include: market news; cash calf and feeder cattle price trends at auction; relevant futures prices and trends; cash fed cattle prices; overview of the cash grain market; trends in major Equity indexes. Stay in the market.
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Negotiated cash fed cattle trade was inactive on light demand in all major cattle feeding regions through Monday afternoon. Last week, FOB live prices were $233/cwt. in Kansas, mostly $233 in Nebraska and mostly $232 in the western Corn Belt. Dressed delivered prices were mostly $365 in Nebraska and $363-$365 in the western Corn [...]
Cattle futures closed lower Friday with likely technical selling and profit taking ahead of the three-day weekend magnified by confirmation of more cases of New World screwworm (NWS) near the Texas border and an unconfirmed rumor of a case discovered on this side of the U.S. border. Live Cattle futures closed an average of [...]
Cattle futures resumed higher Thursday. Toward the close, Live Cattle futures were an average of $1.62 higher. Feeder Cattle futures were an average of $3.76 higher. Negotiated cash fed cattle trade was inactive on light demand in all major cattle feeding regions through Thursday afternoon, according to the Agricultural Marketing Service. Last week, FOB [...]
Cattle futures softened Wednesday ahead of the week’s negotiated cash fed cattle trade. Toward the close, Live Cattle futures were an average of $1.28 lower. Feeder Cattle futures were an average of $2.17 lower. Negotiated cash fed cattle trade was inactive on light demand in all major cattle feeding regions through Wednesday afternoon, according [...]
Cattle futures closed strongly higher Tuesday. Support included the sharp decrease in Corn futures, higher wholesale beef values and increasing optimism about higher cash fed cattle prices this week. Toward the close, Live Cattle futures were an average of $2.36 higher. Feeder Cattle futures were an average of $5.42 higher. Negotiated cash fed cattle [...]
Cattle futures were higher Monday helped by the plunge in Corn futures, which was tied to the latest World Agricultural Supply and Demand Estimates (see below). Toward the close, Live Cattle futures were an average of 82¢ higher (30¢ to $1.65 higher). Feeder Cattle futures were an average of $1.50 higher. Negotiated cash fed [...]
Cattle futures closed lower Friday on likely week-end profit taking. Live Cattle futures were an average of $1.06 lower (65¢ lower at the back to $1.55 lower in spot Jan). Feeder Cattle futures closed an average of $3.74 lower. Week to week on Friday, Live Cattle futures closed an average of $1.12 higher (5¢ [...]
Cattle futures eased higher Thursday. Toward the close, Live Cattle futures were an average of $1.35 higher. Feeder Cattle futures were an average of $1.51 higher (67¢ higher toward the back to $2.95 higher in spot Jan). Negotiated cash fed cattle trade ranged from inactive on light demand in Kansas to light on [...]
Cattle futures eased lower Wednesday with likely profit taking and awaiting the week’s cash fed cattle trade. Toward the close, Live Cattle futures were an average of $1.56 lower ($2.10 lower toward the front to 65¢ lower at the back. Feeder Cattle futures were an average of $3.19 lower ($2.47 to $4.50 lower). Negotiated [...]
Cattle futures expanded gains Tuesday, led by Feeder Cattle and strong cash. Toward the close, Live Cattle futures were an average 80¢ higher. Feeder Cattle futures were an average of $3.31 higher. Negotiated cash fed cattle trade was inactive on light demand in all major cattle feeding regions through Tuesday afternoon, according to the [...]
Cattle futures continued higher Monday, following the significant bounce higher during the previous session and supported by last week’s higher negotiated cash fed cattle prices and the recent bounce in wholesale beef values. Toward the close, Live Cattle futures were an average $1.14 higher. Feeder Cattle futures were an average of $2.82 higher. Negotiated [...]
Cattle futures broke higher Friday buoyed by stronger negotiated cash fed cattle prices and a boost in wholesale beef values. Live Cattle futures closed an average $3.58 higher. Feeder Cattle futures closed an average of $7.91 higher. Week to week on Friday, Live Cattle futures closed an average of $6.63 higher, and Feeder Cattle [...]
Cattle futures continued higher Wednesday amid light holiday-trade. Toward the close, Live Cattle futures were an average $1.07 higher. Feeder Cattle futures were an average of $1.02 higher. Negotiated cash fed cattle trade was inactive on moderate demand in all major cattle feeding regions through Wednesday afternoon, according to the Agricultural Marketing Service. Last [...]
Cattle futures gained on Tuesday, led once again by Feeder Cattle. Toward the close, Live Cattle futures were an average $1.73 higher. Feeder Cattle futures were an average of $2.88 higher. Negotiated cash fed cattle trade was inactive on light demand in all major cattle feeding regions through Tuesday afternoon, according to the Agricultural [...]
Cattle futures were mainly higher Monday, led by Feeder Cattle. Toward the close, Live Cattle futures were an average 47¢ higher, except for an average of 43¢ lower in the front three contracts. Feeder Cattle futures were an average of $1.07 higher (47¢ higher at the back to $1.55 higher near the front). Negotiated [...]
Cattle futures closed mainly higher Friday, supported by firm negotiated cash fed cattle prices. Live Cattle futures closed an average of $1.06 higher. Feeder Cattle futures closed narrowly mixed, from an average of $1.54 higher. Week to week on Friday, Feeder Cattle futures closed an average of $1.95 higher. Live Cattle futures closed an [...]
Cattle futures sputtered during Wednesday’s holiday-shortened session. Toward the close, Live Cattle futures were an average of 75¢ lower. Feeder Cattle futures were narrowly mixed, from an average of 26¢ lower in five contracts to an average of 32¢ higher. Negotiated cash fed cattle trade ranged from moderate on moderate demand in Nebraska to [...]
Cattle futures were lower Tuesday with profit taking and floundering wholesale beef values. Toward the close, Live Cattle futures were an average of $1.03 lower (7¢ lower toward the back to $2.22 lower at the front), except for 10¢ higher in the back contract. Feeder Cattle futures were an average of $1.48 lower. Negotiated [...]
Cattle futures extended gains Monday, supported by Friday’s friendly Cattle on Feed report. Toward the close, Live Cattle futures were an average of 91¢ higher. Feeder Cattle futures were an average of $2.13 higher. Negotiated cash fed cattle trade was mostly inactive on light demand in all cattle feeding regions through Monday afternoon, according [...]
Cattle futures closed higher Friday and for the week, helped by holding recent gains in cash fed cattle prices and higher wholesale beef values on the day. The monthly Cattle on Feed report (see below) should help optimism. Live Cattle futures closed an average of $1.83 higher. Feeder Cattle futures closed an average of [...]
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