Live cattle futures closed with mostly higher action, up 82 cents to $1.25, as the exception was February, down 12 cents. Cash trade from last week settled in at $232-233 across the country. Feeder cattle futures are continued the rally, with contracts up $2.65 to $2.90. The CME Feeder Cattle Index was up another $2.89 to $353.11 on January 2. The Monday OKC feeder cattle auction had an estimated 9,800 head sold, with sales of $3-10 higher on feeder steers and heifers up $10-20. Calves were up $15-20.
Export Sales data for the week ending on December 25 was released this morning, showing net cancellations of 2,127 MT for 2025, with sales of 7,379 MT for 2026. Shipments were tallied at 7,379 MT.
