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	Podcast:		Cattle Current Market Update with Wes Ishmael
	Episode:		Cattle Current Podcast—Feb. 19, 2025
	Category:		Business
	Duration:		00:05:13
	Publish Date:		2025-02-18 23:16:16
	Description:		Live Cattle future firmed Tuesday while Feeder Cattle futures bounced higher. Toward the close on Tuesday, Live Cattle futures were mixed, from unchanged to an average of 7¢ lower through the front four contracts to an average of 71¢ higher. Feeder Cattle futures were an average of $2.49 higher. Negotiated cash fed cattle trade ranged from mostly inactive on very light demand to a standstill through Tuesday afternoon, according to the Agricultural Marketing Service. Last week, FOB live prices were $203/cwt. in all regions. Dressed delivered prices were $320-$321. Choice boxed beef cutout value was 7¢ higher Tuesday afternoon at $315.77/cwt. Select was $2.52 lower at $303.71. Grain and Soybean futures were higher Tuesday with likely short covering and recent demand improvement. Toward the close and through Sep ’25 contracts, Corn futures were 4¢ to 7¢ higher. Kansas City Wheat futures were 7¢ to 8¢ higher. Soybean futures were 2¢ to 3¢ higher.
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