Live cattle futures are down $3.60 to $4.475 so far on Monday. Cash trade was mainly $256-258 last week. Feeder cattle futures are down $3.22 to $3.40 on the day. The CME Feeder Cattle Index was up another $2.17 on June 4 to $361.38. The weekly OKC feeder cattle auction has an estimated 5,000 head for sale today, with the early action steady to $5 higher on steers
There were two more cases of New World Screwworm reported in the US this morning, one in La Salle county, TX and another in a dog in Andrews county, TX that was reportedly recently in Mexico.
