Live cattle futures posted $1.52 to $2.52 losses on Tuesday. Early cash trade this week has been quiet with a few light sales of $246 floating around in KS, but not enough for a trend. Feeder cattle futures were $2.20 to $2.55 lower at the close. The CME Feeder Cattle Index was down $1.32 to $374.37 on April 20. The OKC feeder cattle auction had 5,867 head sold with feeders steady to $2-4 lower.
The Tuesday update from APHIS on the New World Screwworm showed active cases in Mexico at 1,395. There were 102 active cases in the bordering state of Tamaulipas, with 5 reported in Nuevo Leon.
