Live cattle futures are slipping back $1.60 to $2.80 at Thursday’s midday. There were 3 deliveries for April live cattle in Dodge City. Cash trade has been quiet so far this week, with a few $248 sales in the South, 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 trading with contracts down $1.12 to $3.90 so far on Thursday. The CME Feeder Cattle Index was up $3.63 to $379.09 on April 15.
Export sales data showed 12,054 MT of 2025 beef sales for the week of 4/9, which was down 30.76% from last week and 31% below the same week last year. Shipments were back up from the week prior at 13,427 MT.
