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	Podcast:		Cattle Current Market Update with Wes Ishmael
	Episode:		Cattle Current Podcast—July 11, 2025
	Category:		Business
	Duration:		00:04:50
	Publish Date:		2025-07-10 23:52:36
	Description:		Cattle futures were mixed to higher Thursday with Feeder Cattle receiving additional support from reclosure of the southern border to Mexican cattle imports due to New World screwworm. Toward the close, Live cattle futures were mixed, from an average of 45¢ lower to an average of 24¢ higher. Feeder Cattle futures were an average of $1.02 higher. Negotiated cash fed cattle trade ranged from limited on moderate demand in the western Corn Belt to mostly inactive on moderate demand elsewhere through Thursday afternoon, according to the Agricultural Marketing Service. Although too few to trend, there were some early FOB live trades in the western Corn Belt at $235/cwt. Last week, FOB live prices were $224/cwt. in the Texas Panhandle, $224-$225 in Kansas, $230-$232 in Nebraska and $230-$234 in the western Corn Belt. Dressed delivered prices were $368. Choice boxed beef cutout value was $1.79 lower Thursday afternoon at $384.66. Select was $2.41 lower at $370.86. Grain and Soybean futures firmed Thursday with likely short covering ahead of Friday’s World Agricultural Supply and Demand Estimates. Toward the close and through Mar ‘26 contracts, Corn futures were mostly 4¢ lower to 1¢ higher. Kansas City Wheat futures were 10¢ higher. Soybean futures were mostly 3¢ to 7¢ higher.
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