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	Podcast:		Cattle Current Market Update with Wes Ishmael
	Episode:		Cattle Current Podcast—April 23, 2025
	Category:		Business
	Duration:		00:05:17
	Publish Date:		2025-04-23 00:13:08
	Description:		Cattle futures rebounded Tuesday, following outside markets higher just they followed them lower the previous day. Toward the close, Live Cattle futures closed an average of $1.94 higher. Feeder Cattle futures closed an average of $2.50 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 $208-$210/cwt. in the Texas Panhandle, $210 in Kansas, $212-$214 in Nebraska and $212 in the western Corn Belt. Dressed delivered prices were $332-$340 in and $335 in the western Corn Belt. Choice boxed beef cutout value was $1.79 lower Tuesday afternoon at $331.73/cwt. Select was $1.12 lower at $317.65. Grain and Soybean futures were mixed Tuesday. Toward the close and through Sep ’25 contracts, Corn futures were 6¢ to 7¢ lower, pressured by the fast planting clip with 12% in the ground April 20, according to the latest USDA Crop Progress report. Kansas City Wheat futures were 4¢ to 6¢ lower.
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