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Austin Schroeder

Cattle Traders Look to React to Another Border Closure

Live Cattle Central Stockyards Fed Cattle Exchange Feeder Cattle USDA United States

Live cattle futures settled Wednesday with contracts up 50 to 70 cents and August down 20. Cash trade saw very light $225 Southern action reported on Tuesday. It has been quiet otherwise. The Wednesday morning Fed Cattle Exchange online auction from Central Stockyards, showed no sales on the 928 head, with bids of just $220. Feeder cattle futures were up 77 cents to $1.35 on the day.  The CME Feeder Cattle Index was up $5.36 to $316.76 on July 8.

Following discovery of a case of New World Screwworm just 370 miles south of the US/Mexico border, USDA Secretary Rollins announced the suspension of animal imports from Mexico late on Wednesday.

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