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Barchart
Austin Schroeder

Cattle Trading Mixed on Thursday

ARE Feeder Cattle Live Cattle Fed Cattle Exchange

Live cattle futures are down 45 to 55 cents at midday. Cash trade has been light with a few $234 sales. The Wednesday 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 are up 20 cents to $1.42 at midday. The CME Feeder Cattle Index was up 19 cents to $361.78 on March 24. 

USDA’s Export Sales report from this morning showed 10,691 MT of beef sold in the week ending on 3/19, well above last week. Shipments were a 3-week high at 14,486 MT.

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