Cattle Current Market Update with Wes Ishmael
Oct 9, 2026 · 8 min · 6 segments
Cattle futures weakened on Thursday as traders eyed softer wholesale beef values, volatile outside markets and waited for the weeks cash fed cattle price direction. Toward the close, Live Cattle…
Wes IshmaelHost
Toward the close, live cattle futures were an average of $0.85 lower, except for $0.30 higher in spot October.
Feeder cattle futures were an average of $2.40 lower, except for $0.30 higher in spot October.
Negotiated cash fed cattle trade was limited on light demand in the Western Corn Belt through Thursday afternoon, according to the Agricultural Marketing Service.
Although too few transactions to trend, there were some early FOB live sales at $218 a hundredweight.
Choice boxed beef cutout value was $0.77 lower Thursday afternoon at $374.85 a hundredweight.
Grain and soybean futures were lower Thursday, with harvest pressure 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 $0.11 lower, Kansas City wheat futures were $0.02 to $0.03 lower, and corn futures were $0.02 lower.
Toward the close, live cattle futures were an average of $0.85 lower, except for $0.30 higher in spot October.
Feeder cattle futures were an average of $2.40 lower, except for $0.30 higher in spot October.
Negotiated cash fed cattle trade was limited on light demand in the Western Corn Belt through Thursday afternoon, according to the Agricultural Marketing Service.
Although too few transactions to trend, there were some early FOB live sales at $218 a hundredweight.
Choice boxed beef cutout value was $0.77 lower Thursday afternoon at $374.85 a hundredweight.
Grain and soybean futures were lower Thursday, with harvest pressure 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 $0.11 lower, Kansas City wheat futures were $0.02 to $0.03 lower, and corn futures were $0.02 lower.
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