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Austin Schroeder

Cattle Falling Ahead of Cattle on Feed Report

Feeder Cattle Live Cattle Fed Cattle Exchange USDA

Live cattle futures are posting $1.45 to $1.65 losses on Friday. Cash trade has picked up this week, with $248 sales across the country. The Friday morning Fed Cattle Exchange online auction showed no sales on the 1,222 head, with bids of $246-247. Feeder cattle futures are trading with contracts down $3.65 to $5.50 at midday. The CME Feeder Cattle Index was up $3.63 to $379.09 on April 15. 

The Thursday update from APHIS on the new world screwworm in Mexico showed a total of 1,295 active cases across the country. There was still 63 total active cases in the bordering state of Tamaulipas as of April 15, with 2 active cases in Nuevo Leon.

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