Live cattle futures are up 20 cents in the nearby February contracts, with other months $1 to $1.50 higher. Cash trade from last week settled in at $232-233 across the country. Feeder cattle futures are rallying $3.10 to $3.50 at midday. The CME Feeder Cattle Index was up $1.57 to $350.22 on January 1. The Monday OKC feeder cattle auction has an estimated 9,800 head for sale, with early demand noted as moderate to good.
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.
