Heading into Wednesday’s close, Cattle futures were recovering from the previous day’s losses, helped along by higher cash fed cattle trade in the north. Live Cattle futures mixed, from an average of $1.86 higher. Feeder Cattle futures were an average of $1.80 higher. Negotiated cash fed cattle trade and demand were moderate in Nebraska  and slow on light demand in the western Corn Belt, through Thursday afternoon, according to the Agricultural Marketing Service. FOB live prices were $1-$2 higher in Nebraska at $184-$185/cwt. and steady to $2 higher in the western Corn Belt a $184-$186 ..read more

Heading into Wednesday’s close, Cattle futures were sharply lower, pressured by news that viral fragments of Highly Pathogenic Avian Influenza (HPAI) were found in pasteurized milk during the ongoing investigation into Bovine Influenza A virus found in dairy cattle. Although there is no reason to doubt the safety of pasteurized milk, the headlines made traders skittish. Feeder Cattle futures were an average of $2.32 lower. Negotiated cash fed cattle trade and demand were moderate in the Southern Plains through Wednesday afternoon, according to the Agricultural Marketing Service. FOB live pric ..read more

Cattle futures were mixed with Live Cattle taking a breather and awaiting weekly cash direction while last Friday’s Cattle on Feed report continued helping lift Feeder Cattle. Feeder Cattle futures were an average of 69¢ higher. Live Cattle futures mixed, from an average of 63¢ lower in the front five contracts to an average of an average of 84¢ higher. Negotiated cash fed cattle trade was at a standstill in all major cattle feeding regions through Tuesday afternoon, according to the Agricultural Marketing Service. Last week, FOB live prices were $182/cwt., in the Southern Plains, mostly $183 ..read more

Cattle futures were narrowly mixed Friday with uncertainty about the Cattle on Feed report, which ultimately proved to be likely supportive. Live Cattle futures closed an average of 12¢ higher, except for unchanged to an average of 5¢ lower in three contracts. They were an average of $4.20 higher week to week on Friday. Feeder Cattle futures closed an average of 57¢ lower. They were an average of $6.82 higher week to week on Friday. Negotiated cash fed cattle trade was moderate on moderate demand in the Southern Plains and Nebraska through Friday afternoon, according to the Agricultural Marke ..read more

Cattle futures gained Thursday with likely positioning ahead of Friday’s monthly Cattle on Feed report. Export sales also provided support. Net U.S. beef export sales for the week ending April 11 were 17,700 metric tons for 2024, according to the weekly U.S. Export Sales report. That was 30% more than the previous week and 27% more than the prior four-week average. Increases were primarily for South Korea, China, Japan, Taiwan and Mexico. At the close and before final settlement, Live Cattle futures were an average of $1.46 higher. Feeder Cattle futures were an average of $1.65 higher. Negoti ..read more

Cattle futures drifted Wednesday as traders awaited cash direction. Likely, there was added hesitancy ahead of Friday monthly Cattle on Feed report. Estimates see placements being 8% less year over year and marketings down 12% for an April 1 inventory about 2% higher. At the close and before final settlement, Live Cattle futures mixed, from an average of 28¢ lower in the front four contracts to an average of 27¢ higher. Feeder Cattle futures were an average of 24¢ lower, except for 15¢ higher in spot Apr. Negotiated cash fed cattle trade ranged from mostly inactive on very light demand to a s ..read more

Cattle futures continued higher Tuesday for the second consecutive session, perhaps establishing a bottom. At the close and before final settlement, Live Cattle futures were an average of $1.59 higher. Feeder Cattle futures were an average of $2.38 higher. Negotiated cash fed cattle trade was at a standstill in all major cattle feeding regions through Tuesday afternoon, according to the Agricultural Marketing Service. Last week, FOB live prices were $182/cwt. in the Southern Plains, $184 in Nebraska and $185 in the western Corn Belt. Dressed delivered prices were $293. Choice boxed beef cutou ..read more

Cattle futures bounced back some Monday with likely short covering. At the close and before final settlement, Live Cattle futures were an average of $1.86 higher. Feeder Cattle futures were an average of $3.51 higher. Negotiated cash fed cattle trade was at a standstill in all major cattle feeding regions through Monday afternoon, according to the Agricultural Marketing Service. Last week, FOB live prices were $2 lower in the Texas Panhandle at $182/cwt., $1-$2 lower in Kansas at $182, $3 lower in Nebraska at $184 and $2 lower in the western Corn Belt at $185. Dressed delivered prices were $3 ..read more

Cattle futures sank lower Friday with pressure including the bounce higher in grain futures, more cases of Bovine Influenza A Virus in dairy cattle and struggling outside markets. Live Cattle futures closed an average of $2.39 lower. Feeder Cattle futures closed an average of $3.27 lower. Week to week on Friday, Live Cattle futures closed an average of $1.39 and Feeder Cattle futures closed an average of $3.25 lower. Negotiated cash fed cattle trade ranged from slow on light demand to moderate on moderate demand through Friday afternoon, according to the Agricultural Marketing Service. For th ..read more

Cattle futures were higher into the close and before settlement on Thursday, despite steady to lower early cash fed cattle prices and recently weaker wholesale beef values. Live Cattle futures were an average of 56¢ higher. Feeder Cattle futures were an average of 95¢ higher. Negotiated cash fed cattle trade ranged from slow on light demand to moderate on moderate demand through Thursday afternoon, according to the Agricultural Marketing Service. Compared to last week, FOB live prices were $1-$2 lower in Kansas at $182/cwt. and $2 lower in the western Corn Belt at $185 where dressed delivered ..read more