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Latest / Cattle Current Market Update with Wes Ishmael

Cattle Current Podcast—Aug. 28, 2026

Cattle futures continued higher Thursday, boosting hopes that the bottom had been etched.

Toward the close, Live Cattle futures were an average of $2.79 higher. Feeder Cattle futures were an average of $3.42 higher.

Negotiated cash fed cattle trade was mostly inactive on light demand in the North through Thursday afternoon, according to the Agricultural Marketing Service. So far this week, FOB live prices are $218-$22o/cwt., which is $7-$8 lower than last week. Dressed delivered prices are mostly $345, which is $10-$11 lower.

Choice boxed beef cutout value was $3.77 lower Thursday afternoon…

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