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Barchart
Barchart
Austin Schroeder

Cattle Mixed on Friday

ARE Live Cattle Fed Cattle Exchange Feeder Cattle USDA

Live cattle futures are gaining steam from the cash market, with February up $1.10 at midday. April is up 7 cents with other contracts lower. Cash trade has came in a $238-240 live across the country and $375-378 dressed. The Friday morning Fed Cattle Exchange online auction showed sales of $240-241 live on 719 head, with dressed trade at 375 on 36 head of the 1,510 head listed. Feeder cattle futures are falling $3.95 to $4.35 so far on Friday. The CME Feeder Cattle Index was back up $2.70 to $366.69 on January 28.

Thursday afternoon’s update from APHIS showed 4 new cases of new world screwworm in Tamaulipas and 1 new case on San Luis Potosi, taking the total active cases in those Mexican states to 13.

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