Live cattle futures settled with front month April up 17 cents and other contracts down 50 cents to $1.22. There were no deliveries issued for April on Tuesday. Cash trade has yet to get kicked off this week, with sales at $245-246 last week. Feeder cattle futures were down $3 to $3.77 in the front months on Tuesday. The CME Feeder Cattle Index was back up 4 cents to $364.59 on April 4.
The Tuesday APHIS update on New World Screwworm showed 40 active cases in Mexico’s bordering state of Tamaulipas, with 2 active cases in Neuvo Leon.
