
Free Daily Podcast Summary
by Wes Ishmael: cattle business analyst and journalist
Whether you trade cattle once a year or every day, Cattle Current with Wes Ishmael helps you stay in the market with a daily morning snapshot of the previous day's market action and news shaping the market ahead. Cattle market highlights and commentary include: market news; cash calf and feeder cattle price trends at auction; relevant futures prices and trends; cash fed cattle prices; overview of the cash grain market; trends in major Equity indexes. Stay in the market.
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Cattle futures finally found some traction on Monday, boosted technical buying, more bullish outside markets and a couple of announcements. First, union workers at the major West Coast ports of Los Angeles and Long Beach, voted to extend contract negotiations through Nov. 20, averting, at least for now, a strike that would have slowed [...]
Cattle futures eroded further Friday, as cash prices continued to decline. Live Cattle futures closed an average of 92¢ lower and Feeder Cattle futures closed an average of $2.05 lower. Week to week on Friday, Live Cattle futures closed an average of $8.35 lower. They were an average of $16.38 lower over the last [...]
Cattle futures continued lower Thursday, pressured by lower negotiated cash fed cattle prices and the sharp Wall Street selloff. Toward the close, Live Cattle futures were an average of $2.84 lower. Feeder Cattle futures were an average of $4.36 lower. Negotiated cash fed cattle trade was light on moderate demand in the South Central [...]
Cattle futures weakened further Wednesday with technical pressure and the week’s sharply lower negotiated cash fed cattle prices. Toward the close, Live Cattle futures were an average of 74¢ lower. Feeder Cattle futures were an average of $2.77 lower. Negotiated cash fed cattle trade was light to moderate on moderate demand in Nebraska through [...]
Cattle futures weakened Tuesday with technical pressure, lower negotiated cash fed cattle prices and political uncertainty related to the mid-term elections. Toward the close, Live Cattle futures were an average of $2.06 lower. Feeder Cattle futures were an average of $3.64 lower. Negotiated cash fed cattle trade was light on light demand in Nebraska [...]
Cattle futures sought stability Monday after the previous session’s free fall. Toward the close, Live Cattle futures were an average of 53¢ lower, except for $1.97 higher at the back of the board. Feeder Cattle futures were an average of 98¢ higher. Negotiated cash fed cattle trade was inactive on light demand in all [...]
Cattle futures closed sharply lower Friday, weighed down by a host of factors, including bearish outside market, week-end and month-end positioning, uncertainty over next week’s mid-term elections, weaker negotiated cash fed cattle prices and wholesale beef values, etc. Live Cattle futures closed an average of $4.95 lower. Feeder Cattle futures closed an average of [...]
Cattle futures were mixed to lower on Thursday with profit taking, the week’s lower negotiated cash fed cattle prices, weaker wholesale beef values and likely month-end position squaring. Toward the close, Live Cattle futures were an average of 50¢ lower, except for 2¢ higher in away-Dec. Feeder Cattle futures were narrowly mixed, from an [...]
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Whether you trade cattle once a year or every day, Cattle Current with Wes Ishmael helps you stay in the market with a daily morning snapshot of the previous day's market action and news shaping the market ahead. Cattle market highlights and commentary include: market news; cash calf and feeder cattle price trends at auction; relevant futures prices and trends; cash fed cattle prices; overview of the cash grain market; trends in major Equity indexes. Stay in the market.
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