Live cattle futures are showing 85 cent to $1.55 across most contracts at midday. Cash trade was softer last week at $228 across the country and $356-358 dressed. Feeder cattle futures are $2.10 to $2.50 higher so far on Monday. The CME feeder cattle index from December 17 was up 26 cents from the day prior at $350.05.
Export Sales data showed 11,403 MT of beef sold in the week ending on 12/4, well above the week prior. Export Shipments were 11,673 MT in that week.
