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Barchart
Barchart
Austin Schroeder

Cattle Firm Higher on Thursday, with Cash Strength

Live cattle futures posted gains of 37 to 67 cents at the close on Thursday. Cash trade saw some light $348-350 dressed action in the North so far this week as reported by USDA, with live sales at $219-220. Southern bids were reported at $226. The Thursday Fed Cattle Exchange online auction showed a couple lots sold at $226-227. Feeder cattle futures posted gains of $1.12 to $2.45 to be the leaders. The CME Feeder Cattle Index was 94 cents higher on September 28 to $338.97.

USDA Export Sales data showed 14,638 MT of beef sold in the week ending on 9/24 for 2026 and sales of 3 MT for 2027. Shipments were 12,628 MT in that week a 6-week high.

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