Live cattle futures are up 25 to 37 cents at midday, with other contracts slightly lower. Cash trade was stronger last week, as most of the country was $230. A few sales in the north reached $234. Feeder cattle futures are down 40 to 45 cents across most contracts on Monday. The CME Feeder Cattle Index was back up $1.30 to $346.77 on December 11. The weekly OKC feeder cattle auction shows 8,500 head for sale, which is above the week prior. Early demand has been reported as moderate to good.
Beef export sales totaled 17,148 MT in the week that ended on 11/20 for 2025, which was a 7-week high for bookings, with another 5,398 MT for 2026. Shipments were the largest since January at 19,789 MT.
