Live cattle futures were down 97 cents to $1.90 on Thursday. There were 20 deliveries retendered at 1 cent on Thursday. Cash trade got kicked off on Thursday, with a few early sales at $228 across the country and dressed sales have been $356-358. The Thursday Fed Cattle Exchange online auction showed no sales on the 1,708 head listed and bids of $225-226.50 live and $350.50 dressed. Feeder cattle futures were down $1.25 to $1.90 at the Thursday close. The CME feeder cattle index from December 17 was up 26 cents from the day prior at $350.05.
Weekly Export Sales data showed just 1,908 MT of beef sold for 2025 delivery in the week ending on 11/27, with 12,087 MT for 2026. Export shipments were 10,869 MT during that week, a 3-week low.
