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Austin Schroeder

Cattle Trading with Mixed Action

ARE Live Cattle Central Stockyards Fed Cattle Exchange Feeder Cattle

Live cattle futures are trading with contracts up 15 cents to 25 cents lower in the nearbys. Cash trade has yet to get kicked off this week, with sales at $245-246 last week. The Central Stockyards Fed Cattle Exchange online auction saw no bids on the 970 head offered, with reserve prices (asks) at $250 live. Feeder cattle futures are back up 70 cents to $1.25 at midday.  The CME Feeder Cattle Index was back up 4 cents to $364.59 on April 4. 

The Tuesday APHIS update on New World Screwworm showed 40 active cases in Mexico’s bordering state of Tamaulipas, with 2 active cases in Neuvo Leon.

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