Live cattle futures posted front month losses of 45 cents to $1.55, as back months were 12 cents to $1.10 higher. Cash trade has yet to get kicked off on Monday, with last week at $239-240 in the South, with Northern sales of $237-238.
Feeder cattle futures pushed higher on Tuesday, with gains anywhere from 77 cents to $3.82 in some back months. The CME Feeder Cattle Index was back down $2.32 at $361.10 on September 22. The weekly OKC feeder cattle auction saw 4,420 head sold, with feeder steers steady to $5 higher, with heifers up $2-6. Calves were up $10-20 for steers and $15-25 for heifers.
