Live cattle futures are $4.95 to $5.25 higher on the Friday session. There have been some cash trade picked up in the north this week at $208-210, with dressed trade at $330. Feeder cattle futures are showing near limit gains on Friday, with contracts up $8.70 to $9.225. The CME Feeder Cattle Index was down $2.09 to $329.88 on November 25.
Export Sales data from this morning showed 12,165 MT of beef sold in the week of October 16, a 4-week low. Shipments were tallied at 13,346 MT, the highest in 11 weeks.
