Live cattle futures were down 22 cents to $1.20 across most contracts on Thursday, with October up 27 cents. Open interest was down 682 contracts on Thursday, mainly in the front months. Cash trade has yet to get kicked off this week, with $340-345 bids reported in the north. The Thursday morning Fed Cattle Exchange online auction showed no sales or bids on the 2,612 head offered. Feeder cattle futures faded lower, with contracts closing 12 cents to $3.25. The CME Feeder Cattle Index was $1.14 lower on October 7 to $336.73.
USDA Export Sales data showed 12,996 MT of beef sold in the week ending on 10/1 for 2026. Shipments were 11,880 MT in that week a 3-week low.
