Search


	Podcast:		Cattle Current Market Update with Wes Ishmael
	Episode:		Cattle Current Podcast—July 22, 2025
	Category:		Business
	Duration:		00:05:42
	Publish Date:		2025-07-21 22:29:33
	Description:		Cattle futures gained ground Monday, buoyed by the Live Cattle discount to cash, as well as ongoing strong cash demand for feeder cattle. Toward the close, Live cattle futures were an average of $1.92 higher. Feeder Cattle futures were an average of $3.76 higher. Negotiated cash fed cattle trade was mostly inactive on moderate demand in all major cattle feeding regions through Monday afternoon, according to the Agricultural Marketing Service. Last week, FOB live prices were $230/cwt. in the Texas Panhandle, $230-$231 in Kansas and $240 in the North where dressed delivered prices were $380. The weighted average five-area direct FOB live fed steer price last week was 57¢ higher at 237.78/cwt. The weighted average dressed delivered fed steer price was 15¢ higher at $379.36. Choice boxed beef cutout value was $1.48 lower Monday afternoon at $372.07. Select was $1.44 lower at $350.05. Grain and Soybean futures were lower Monday, pressured by likely profit taking. Toward the close and through away Jly contracts, Corn futures were 6¢ lower. Kansas City Wheat futures were 4¢ lower. Soybean futures were 6¢ to 12¢ lower.
	Total Play:		0