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Cattle Current Market Update with Wes Ishmael
Wes Ishmael: cattle business analyst and journalist
30 ยังจ๋อย
The MATTER
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Wes Ishmael: cattle business analyst and journalist
Equity and futures markets were closed Friday in observance of Independence Day. Negotiated cash fed cattle trade ranged from active on good demand in Kansas to light on moderate demand in the North through Thursday afte...
Cattle futures were narrowly mixed Wednesday with traders awaiting more negotiated cash fed direction. Toward the close, Live Cattle futures were an average of 29¢ higher, except for an average of 39¢ lower in two contra...
Cattle futures continued lower Tuesday with month-end and quarter-end positioning. Toward the close, Live Cattle futures were an average of 96¢ lower, except for 80¢ higher in spot Jun and 2¢ higher at the back. Feeder C...
Cattle futures closed lower again Monday with likely continued profit taking and positioning ahead of month-end and quarter-end. Toward the close, Live Cattle futures were an average of $1.49 lower. Feeder Cattle futures...
Negotiated cash fed cattle trade remained largely undeveloped through Friday afternoon. The only established trade for the week, based on USDA reports, was mostly steady FOB live prices in the western Corn Belt at $260/c...
Cattle futures crawled higher Thursday. Toward the close, Live Cattle futures were an average of 49¢ higher, except for 5¢ lower in near Dec. Feeder Cattle futures were an average of 66¢ higher. Negotiated cash fed cattl...
Cattle futures were higher Wednesday. Toward the close, Live Cattle futures were an average of $1.09 higher. Feeder Cattle futures were an average of $3.18 higher. Negotiated cash fed cattle trade was mostly inactive on ...
Cattle futures trended lower Tuesday with likely profit taking. Toward the close, Live Cattle futures were an average of 97¢ lower. Feeder Cattle futures were an average of $1.06 lower. Negotiated cash fed cattle trade w...
Cattle futures were higher Monday, responding to last week’s higher negotiated cash fed cattle prices, supportive outside markets and the friendly placement number in Thursday’s Cattle on Feed report. Toward the close, L...
Negotiated cash fed cattle trade ranged from limited on moderate demand in Nebraska to mostly inactive on light demand elsewhere through Friday afternoon, according to the Agricultural Marketing Service. Although establi...
Cattle futures softened Thursday with the lack of negotiated cash fed cattle direction, positioning ahead of the three-day weekend and monthly Cattle on Feed report (see below), as well as potential profit taking. Toward...
Cattle futures took a breather on Wednesday with likely profit taking and positioning ahead of Friday’s Cattle on Feed report. Toward the close, Live Cattle futures were an average of 41¢ lower, except for 62¢ higher in ...
Cattle futures gained more steam on Tuesday, supported by the recent bounce in wholesale beef values and thoughts cash fed cattle prices could gain this week. Toward the close, Live Cattle futures were an average of $4.5...
Cattle futures bounced higher Monday, buoyed by positive outside markets and falling Crude Oil futures, in response to the announced resolution to the U.S.-Iran war. Keep in mind that Juneteenth on Friday shortens the tr...
Negotiated cash fed cattle trade was mostly inactive on light demand in Kansas through Friday afternoon, according to the Agricultural Marketing Service. Elsewhere, trade was limited on moderate demand. Although too few ...
Cattle futures ground higher Thursday with fundamental strength. Toward the close, Live Cattle futures were an average of $1.61 higher. Feeder Cattle futures were an average of $4.44 higher. Negotiated cash fed cattle tr...
Cattle futures were mostly higher Wednesday with increased chances of steady to higher negotiated cash fed cattle prices this week. Toward the close, Live Cattle futures were an average of $1.14 higher, except for 10¢ lo...
Cattle futures strengthened Tuesday, perhaps with renewed focus on tightening supplies. Toward the close, Live Cattle futures were an average of $2.11 higher. Feeder Cattle futures were an average of $2.68 higher. Negoti...
Cattle futures softened Monday with likely profit taking and positioning. Toward the close, Live Cattle futures were an average of $4.16 lower. Feeder Cattle futures were an average of $3.54 lower. Negotiated cash fed ca...
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...
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