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Austin Schroeder

Cattle Posting Midday Gains

ARE Feeder Cattle Live Cattle Fed Cattle Exchange Choice

Live cattle futures are up 55 cents to $1.05 in the front months on Thursday. Cash trade this week has been centered around $246 across the country. The Thursday morning Fed Cattle Exchange showed $246-247 sales on 334 of the 1,226 head offered. Feeder cattle futures are up 50 to 95 cents so far on Thursday. The CME Feeder Cattle Index was down 93 cents to $373.44 on April 21.

USDA’s Export Sales report showed beef export business at 15,131 MT in the week of 4/16. Shipments were tallied at 12,450 MT.

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