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Austin Schroeder

Cattle Falls Lower on Thursday

Feeder Cattle Live Cattle Fed Cattle Exchange USDA

Live cattle futures were sliding on Thursday with losses of $2.125 to $2.75. Cash trade has been quiet so far this week. The Thursday morning Fed Cattle Exchange online auction showed no sales on the 1,026 head offered, with bids of $232-235. Feeder cattle futures were under pressure, with contracts down $3.45 to $6.45 across the board. The CME Feeder Cattle Index was up $2.37 to $360.96 on March 18. 

The Thursday update from APHIS showed a total of 1,194 active cases of new world screwworm in Mexico, with 34 active cases in the bordering state of Tamaulipas.

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