Live cattle futures were 7 to 65 cents higher on Tuesday, with June down a nickel on Tuesday. Open interest was up 1,302 contracts on Tuesday. Cash trade from last week settled in at $235-236 sales in the North and $235 in the South. It has yet to get kicked off this week. Feeder cattle futures posted $1.85 to $2.35 gains on Tuesday. The CME Feeder Cattle Index was back up 26 cents to $361.59 on March 23. The weekly OKC feeder cattle auction had an 5,370 head sold, with steers steady on the feeders and up $5-15 for calves. Heifers were firm to $5 higher.
The Tuesday APHIS update on new world screwworm showed 33 active cases in the bordering Mexican state of Tamaulipas,
