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Austin Schroeder

Cattle Bulls Pushing Higher at Tuesday’s Midday

Feeder Cattle United States Live Cattle

Live cattle futures are trading with contracts up 32 cents to $1.32 at midday. Cash trade has been quiet so far this week following last week’s $225-228 action. Feeder cattle futures are up 32 cents to $2.42 so far. The CME Feeder Cattle Index was back down $4.07 on August 14 to $344.43. The Monday OKC feeder cattle auction saw 2,921 head sold, with feeders down $5-15 and calves down $10 to 20.

NASS Crop Progress data showed the US pasture rating at 23% gd/ex, down 2 with the week prior. The Brugler500 index fell 3 points to 256.

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