Cattle Current Podcast—Jan. 27, 2025

Cattle Current Market Update with Wes Ishmael

Negotiated cash fed cattle trade was active on very good demand in the North through Friday afternoon, according to the Agricultural Marketing Service. FOB live prices were $7 higher in Nebraska at $210-$212/cwt. and $6-$7 higher in the Western Corn Belt at $210-$212. Dressed delivered prices were $6-$8 higher In Nebraska at $328-$330 (a few up to $339) and $8-$10 higher in the western Corn Belt at $330 (a few up to $338).

Trade in the Southern Plains was mostly inactive on light demand with too few transactions to trend. For the week FOB live prices were steady in Kansas at $201. The previous week, FOB live prices were steady in the Texas Panhandle at $201.

Choice boxed beef cutout value was $3.04 lower Friday afternoon at $327.92/cwt. Select was 92¢ lower at $316.29. Week to week, Choice was $5.77 lower and Select was $3.54 lower.

Sharply higher cash fed cattle prices helped Cattle futures continue their upward trend on Friday.

Feeder Cattle futures were an average of $2.12 higher ($1.15 to $3.00 higher). Live Cattle futures were an average of $1.11 higher (10¢ higher to $3.67 higher in spot Feb).

Week to week on Friday, Live Cattle futures closed an average of $4.02 higher across a broad range and Feeder Cattle futures closed an average of $5.29 higher across a broad range.

Corn and Soybean futures retreated Friday on likely profit taking and Argentina’s reduction in export taxes for domestic producers.

Corn futures were mostly 2¢ to 3¢ lower through Jly ’26 and then 1¢ lower.

Soybean futures were 7¢ to 9¢ lower through near Aug and then mostly 3¢ lower.

Kansas City Wheat futures were 10¢-11¢ lower through May ’26.  

للاستماع إلى حلقات ذات محتوى فاضح، قم بتسجيل الدخول.

اطلع على آخر مستجدات هذا البرنامج

قم بتسجيل الدخول أو التسجيل لمتابعة البرامج وحفظ الحلقات والحصول على آخر التحديثات.

تحديد بلد أو منطقة

أفريقيا والشرق الأوسط، والهند

آسيا والمحيط الهادئ

أوروبا

أمريكا اللاتينية والكاريبي

الولايات المتحدة وكندا