Latest / Cattle Current Market Update with Wes Ishmael
Cattle Current Podcast—Oct. 23, 2026
Cattle futures softened Thursday on likely profit taking and weaker wholesale beef prices. Depending on the projections considered, analysts peg September placements about 8-9% less year over year with September marketings down about 7% for an on-feed inventory Oct. 1 about even.
Toward the close, Live Cattle futures were an average of 52¢ lower except for 2¢ higher in near Dec. Feeder Cattle futures were an average of $1.99 lower.
Negotiated cash fed cattle trade was mostly inactive on light demand in the North through Thursday afternoon, according to the Agricultural Marketing Service.
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