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Barchart
Barchart
Austin Schroeder

Cattle Slip Back on Thursday

Live Cattle Fed Cattle Exchange Feeder Cattle USDA

Live cattle futures rounded out the Thursday session with contracts up 15 cents in nearby February and down 30 to 50 cents in other contracts. Cash trade remains quiet so far this week. The Thursday  Fed Cattle Exchange online auction showed no sales on the 1,272 head offered, with bids of $240 live and $376 dressed. Feeder cattle futures closed with losses of 50 cents to $1.72 on Thursday. The CME Feeder Cattle Index was back down 49 cents to $373.87 on February 11.

The Thursday APHIS update on the New World Screwworm showed just one new active case in Tamaulipas this last week, taking the total active cases to 3 in that bordering state.

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