Search


	Podcast:		Cattle Current Market Update with Wes Ishmael
	Episode:		Cattle Current Podcast—March 4, 2025
	Category:		Business
	Duration:		00:06:35
	Publish Date:		2025-03-04 00:28:45
	Description:		Cattle futures extended losses from the previous session on Monday, and for the same reasons: long-position liquidation by funds tied to growing uncertainty tied to looming U.S. tariffs and concerns about domestic economic growth. Toward the close, Live Cattle futures were an average of 71¢ lower. Feeder Cattle futures were an average of 74¢lower. Negotiated cash fed cattle trade was mostly inactive on very light demand in all regions through Monday afternoon, according to the Agricultural Marketing Service. Last week, FOB live prices were $2 lower in the Southern Plains at $197/cwt., $1-$2 lower in Nebraska at $198 and $1-$3 lower in the western Corn Belt at $198. Dressed delivered prices were $2 lower at $313. The five-area direct weighted average FOB live steer price last week was $1.99 lower at $197.65. The weighted averaged dressed delivered steer price was $2.20 lower at $312.92. Choice boxed beef cutout value was $2.10 higher Monday afternoon at $313.93/cwt. Select was 36¢ higher at $302.41. Grain and Soybean futures continued to unwind Monday with the looming threat of U.S. tariffs. Toward the close and through Sep ’25 contracts, Corn futures were 5¢ to 13¢ lower. Kansas City Wheat futures were 9¢ to 11¢ lower. Soybean futures were 12¢ to 15¢ lower.
	Total Play:		0