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Austin Schroeder

Cattle Falling Back on Wednesday

ARE Live Cattle Fed Cattle Exchange Feeder Cattle South

Live cattle futures are down 45 to 90 cents at midday. Cash trade has been quiet so far this week, as last week was $246-249 in the South and $249-250 in the north. The Thursday morning Fed Cattle Exchange online auction showed no sales on the 1,222 head, with bids of $246-248. Feeder cattle futures are $2.50 to $4.15 higher on Wednesday. The CME Feeder Cattle Index was up $1.08 to $375.02 on April 13. 

The Tuesday update from APHIS on the new world screwworm in Mexico showed 54 total active cases in the bordering state of Tamaulipas as of April 12, with 3 active cases in Nuevo Leon.

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