Cattle Current Market Update with Wes Ishmael
Oct 7, 2026 · 8 min · 7 segments
Cattle futures took a breather on Wednesday with likely profit taking from the previous day’s rally. Toward the close, Live Cattle futures were an average of 41¢ lower, except for an average of 22¢…
Wes IshmaelHost
Howdy doll, this is Wes Ishmael with your cattle current market update for Wednesday night and Thursday morning the 8th of October.
Cattle futures took a breather on Wednesday with likely profit taking from the previous day's rally.
Toward the close, live cattle futures were an average of 41 cents lower, except for an average of 22 cents higher in three contracts.
Negotiated cash-fed cattle trade was inactive on light demand in the north through Wednesday afternoon.
According to the Agricultural Marketing Service, FOB live prices last week were $220 to $222 a hundredweight in Nebraska and mostly $219 to $220 in the Western Corn Belt.
The Texas Cattle Feeders Association reported its members trading fed cattle at $2.26.
Choice box beef cutout value was $3.31 lower Wednesday afternoon at $375.62 a hundredweight.
Grain and soybean futures pulled back on Wednesday with some likely profit-taking and positioning ahead of Friday's monthly World Agricultural Supply and Demand estimates.
Through late afternoon and through the front four contracts, soybean futures were $0.05 to $0.07 lower, Kansas City wheat futures were $0.16 to $0.17 lower, and corn futures were $0.04 to $0.06 lower.
Howdy doll, this is Wes Ishmael with your cattle current market update for Wednesday night and Thursday morning the 8th of October.
Cattle futures took a breather on Wednesday with likely profit taking from the previous day's rally.
Toward the close, live cattle futures were an average of 41 cents lower, except for an average of 22 cents higher in three contracts.
Negotiated cash-fed cattle trade was inactive on light demand in the north through Wednesday afternoon.
According to the Agricultural Marketing Service, FOB live prices last week were $220 to $222 a hundredweight in Nebraska and mostly $219 to $220 in the Western Corn Belt.
The Texas Cattle Feeders Association reported its members trading fed cattle at $2.26.
Choice box beef cutout value was $3.31 lower Wednesday afternoon at $375.62 a hundredweight.
Grain and soybean futures pulled back on Wednesday with some likely profit-taking and positioning ahead of Friday's monthly World Agricultural Supply and Demand estimates.
Through late afternoon and through the front four contracts, soybean futures were $0.05 to $0.07 lower, Kansas City wheat futures were $0.16 to $0.17 lower, and corn futures were $0.04 to $0.06 lower.
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