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Barchart
Barchart
Austin Schroeder

Cattle Fall Back into the Thursday Close

Feeder Cattle Live Cattle SELECT South

Live cattle futures retreated from early gains on Thursday with contracts down 32 to 72 cents at the close. Cash trade has seen some $260 sales in the South this week with, with northern trade at $408-415 dressed and $265 live. Feeder cattle futures posted $1.20 to $2.92 losses on Thursday.  The CME Feeder Cattle Index was up 9 cents to $373.23 on May 13. 

The Thursday APHIS update on the New World Screwworm showed a total of 1,831 active cases of in Mexico as of Wednesday. There were 144 active cases in the bordering state of Tamaulipas (7 within a range of 85-97 miles of the US border), 62 active in Nuevo Leon (14 within a range of 79-99 miles of the US border), and 12 in Coahuila.

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