Live cattle futures are trading with contracts $1.3 to $1.55 higher at midday. Cash trade has seen some $260 sales in the South this week with, with northern trade at $408-415 dressed and $265 live. Feeder cattle futures are up $1.15 to 3.42 at midday. The CME Feeder Cattle Index was up 9 cents to $373.23 on May 13.
The Thursday APHIS update on the New World Screwworm showed a total of 1,831 active cases of in Mexico as of Wednesday. There were 144 active cases in the bordering state of Tamaulipas (7 within a range of 85-97 miles of the US border), 62 active in Nuevo Leon (14 within a range of 79-99 miles of the US border), and 12 in Coahuila.
