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Austin Schroeder

Cattle Holding onto Monday Gains at Midday

Feeder Cattle Live Cattle USDA

Live cattle futures are trading with 45 to 95 cent gains on Monday. Cash trade was slow last week, sales creeping up to $258-260 across the country. Feeder cattle futures are trading with $2.75 to $3.75 gains on Monday, fading back from early session gains. The CME Feeder Cattle Index was up $1.62 on June 18 to $368.68.

There were a couple more reported cases of new world screwworm in Texas over the weekend, with 2 in cattle in Edwards county, and 1 in a sheep in Crockett county. The total cases have risen to 15, with 12 currently active.

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