Live cattle futures closed Friday seeing some strength off the lows but closing down 22 to 87 cents. April was down $1.82 this week. Cash trade has picked up this week, with $248 sales across the country, higher in the south but $1 weaker in the North. The Friday Fed Cattle Exchange online auction showed sales on 571 of the 1,222 head at $248. Feeder cattle futures were $1.57 to $2.85 lower across the board on Friday, with April $2.82 lower this week. The CME Feeder Cattle Index was down $1.42 to $377.67 on April 16.
USDA broke ground on a sterile fly facility in Edinburg, TX, with the 100 million fly/week plant expected to open in November 2027.
