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Austin Schroeder

Cattle Looks to Close the Week Following Thursday Correction

Live Cattle Fed Cattle Exchange Feeder Cattle nickel

Live cattle futures were a nickel to $1.85 lower in the front months on Thursday. Open interest was up 2,736 contracts on Thursday. Early cash trade has been reported at $348-355 dressed in the North, with $222-223 live sales. The Thursday Fed Cattle Exchange online auction showed no sales on the 1,696 head offered with a single bid reported at $220. Feeder cattle futures saw a $1.10 gain in September on expiration day, with other contracts down 60 cents to $1.57. Open interest was up 455 contracts. The CME Feeder Cattle Index was up 9 cents on September 23 to $337.07.

USDA Export Sales data showed 9,397 MT of beef sold in the week ending on 9/17 for 2026 and sales of 60 MT for 2027. Shipments were 12,099 MT in that week, a 5-week high.

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