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Barchart
Barchart
Austin Schroeder

Cattle Traders Look to Round Out the Week

Live Cattle Fed Cattle Exchange Feeder Cattle

Live cattle futures pushed higher late on Thursday, with contracts closing 57 to 95 cents higher. Cash trade has been light with a few $234-235 sales. The Thursday Fed Cattle Exchange online auction showed no sales on the 1,024 head offered, as bids were still $233-235 live and $368 in the beef. Feeder cattle futures saw gains of $1.05 to $1.95 on the Thursday session. The CME Feeder Cattle Index was up $1.46 to $363.24 on March 24. 

The Thursday update on the New World Screwworm from APHIS showed more active cases in the bordering state of Tamaulipas, Mexico, taking the total to 40 active. There was 1 new active case reported in Nuevo Leon.

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