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	Podcast:		Cattle Current Market Update with Wes Ishmael
	Episode:		Cattle Current Podcast—Feb. 20, 2025
	Category:		Business
	Duration:		00:06:35
	Publish Date:		2025-02-20 00:35:50
	Description:		Cattle futures basically paddled in place Wednesday, awaiting the week’s cash fed cattle direction. Toward the close, Live Cattle futures were an average of 49¢ higher. Feeder Cattle futures were an average of 25¢ lower. Negotiated cash fed cattle trade ranged from mostly inactive on very light demand to a standstill through Wednesday 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 $1.88 lower Wednesday afternoon at $313.89/cwt. Select was 5¢ higher at $303.76. Grain and Soybean futures were softer Wednesday with likely profit taking and producer selling. Toward the close and through Sep ’25 contracts, Corn futures were mixed from 4¢ lower to 3¢ higher. Kansas City Wheat futures were 10¢ to 12¢ lower. Soybean futures were 5¢ to 6¢ lower.
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