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Barchart
Austin Schroeder

Cattle Showing Mixed Trade on Friday

ARE Live Cattle Fed Cattle Exchange Feeder Cattle

Live cattle futures are showing steady trade on Friday, with contracts within 15 cents of unchanged. Cash trade has been mostly $372 dressed as well as a few live sales of $235-236. The Thursday morning Fed Cattle Exchange online auction showed sales of $235-236 on 183 of the 762 head offered, with other bids of $230-235. Feeder cattle futures are showing 35 cent to $1.57 losses in the front months. The CME Feeder Cattle Index was down another $3.83 to $360.97 on March 11.

The weekly APHIS update on New World Screwworm showed 9 new cases (7 in cattle) in the Mexican state of Tamaulipas, which took the total to 23 active cases in the bordering state (15 in cattle).

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