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Home > Cattle Current Market Update with Wes Ishmael > Cattle Current Podcast—July 18, 2025
Podcast: Cattle Current Market Update with Wes Ishmael
Episode:

Cattle Current Podcast—July 18, 2025
Category: Business
Duration: 00:07:04
Publish Date: 2025-07-17 23:00:11
Description:

Cattle futures wobbled Thursday, awaiting the week’s cash fed cattle direction while wholesale beef values continue their seasonal decline.

Toward the close, Live cattle futures were an average of 48¢ lower, except for 2¢ higher in the back contract.  Feeder Cattle futures were mixed, from unchanged to an average of 34¢ lower in the front four contracts and then an average of 92¢ higher.

Negotiated cash fed cattle trade ranged from mostly inactive on moderate demand in the Texas Panhandle to limited on moderate demand in Kansas through Thursday afternoon, according to the Agricultural Marketing Service. Although too few to trend, there were some early FOB live trades in Kansas at $231/cwt. Last week, FOB live prices were $228-$230 in the Texas Panhandle and mostly $230 in Kansas.

In the North, trade was light on moderate demand.

There were some early dressed delivered sales in Nebraska at steady money of $380. Although too few to trend, there were some early FOB live trades $1-$2 higher at $242.

In the western Corn Belt, early live FOB trades were unevenly steady at $237-$240. Although too few to trend, there were some early dressed delivered sales, Steady at $380.

Choice boxed beef cutout value was 43¢ higher Thursday afternoon at $373.28. Select was $4.07 lower at $353.84.

Grain and Soybean futures were mixed Thursday.

Toward the close and through away Jly contracts, Corn futures were 2¢ to 3¢ lower with an apparent pause in short covering after recent weather premiums. Kansas City Wheat futures were 3¢ to 4¢ lower. Soybean futures were 6¢ to 8¢ higher.
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