Live cattle futures were $1.22 to $1.77 higher at the Friday close, to limit the weekly loss for April to $1.65. Cash trade this week has been centered around $246 across the country, with a few late sales of $248. Feeder cattle futures saw gains of $1 to $3.97 across the board on Friday, with April down $3.70. The CME Feeder Cattle Index was down 68 cents to $369.32 on April 23.
Monthly Cold Storage data showed 410.52 million lbs of beef stocks at the end of March, a 1.95% draw from February and 3.45% below last year.
