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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Cattle futures were mixed to lower on Thursday with profit taking, the week’s lower negotiated cash fed cattle prices, weaker wholesale beef values and likely month-end position squaring. Toward the close, Live Cattle futures were an average of 50¢ lower, except for 2¢ higher in away-Dec. Feeder Cattle futures were narrowly mixed, from an [...]
Cattle futures closed lower on Tuesday with profit taking and lower negotiated cash fed cattle prices. Toward the close, Live Cattle futures were an average of $3.38 lower. Feeder Cattle futures were an average of $5.52 lower. Negotiated cash fed cattle trade was light on light to moderate demand in the North through Wednesday [...]
Cattle futures closed mixed on Tuesday with some potential profit taking and oversold conditions. Toward the close, Live Cattle futures were an average of 48¢ lower, except for 12¢ higher in spot Oct. Feeder Cattle futures were an average of 94¢ higher (7¢ to $2.70 higher), except for an average of 74¢ lower in [...]
Cattle futures closed higher, but less than many would have expected, given last week’s stronger cash fed cattle prices and the friendly Cattle on Feed report. Toward the close, Live Cattle futures were an average of 78¢ higher. Feeder Cattle futures were an average of $1.04 higher. Negotiated cash fed cattle trade was inactive [...]
Cattle futures closed mostly higher Friday, ahead of the monthly Cattle on Feed report which turned out to be market friendly (see below). Live Cattle futures were an average of 28¢ higher, except for unchanged and 10¢ lower in two contracts. Feeder Cattle futures were an average of $1.34 higher. Week to week on [...]
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