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Barchart
Barchart
Austin Schroeder

Cattle Holding onto Modest Midday Gains

Live cattle futures are showing 32 to 57 cent gains at midday. Cash trade this week has been centered around $246 across the country. The Friday morning Fed Cattle Exchange showed $245-246 bids on the 558 head offered, with no sales. Feeder cattle futures are 15 to 80 cents higher so far on Friday. The CME Feeder Cattle Index was down $3.44 to $370.00 on April 22.  

The Thursday APHIS update on the New World Screwworm in Mexico showed total active cases at 1,469 as of 4/22, which was up 74 cases from the Tuesday update. In the bordering state of Tamaulipas, there were 116 active cases (+14 from Tuesday), with 8 active cases in Nuevo Leon (+3).

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