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Austin Schroeder

Cattle Rallying Out of the Weekend

ARE Feeder Cattle Live Cattle

Live cattle futures are trading with $2.90 to $3.35 gains at midday. Cash trade settled in at $234-236 live last week, with some $372 dressed. Feeder cattle futures are rallying $6.10 to $7.20 so far on Monday. The CME Feeder Cattle Index was down another $2.62 to $358.35 on March 12. The Monday OKC Feeder cattle auction has an estimated 4,500 head for sale, with a higher undertone noted.

The strike at the JBS plant in Greeley, CO moved forward this over the weekend, as the workers union started picketing.

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