Live cattle futures are showing 67 cent to $1.37 higher trade at Thursday’s midday. Cash trade has seen some $260 sales in the South early this week, with northern trade at $408-410. Feeder cattle futures are trading with $1.35 to $1.95 gains at midday. The CME Feeder Cattle Index was down 52 cents to $373.14 on May 12.
The weekly Export Sales report showed 7,538 MT of beef sold for 2026 in the week ending on May 7. That was the second lowest for the calendar year. Shipments were pegged at 12,531 MT, which was back down from last year.
