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Austin Schroeder

FOUND: Cattle bounce higher on monday - You Need To See This

Feeder Cattle Live Cattle

Live cattle futures are closed the session with contracts $2.10 to $3.10 higher on Monday. Cash trade has yet to get kicked of this week with Monday compiling showlists. Last week settled in at $238-240 in the north, with Southern trade at $237-238. Feeder cattle futures rallied $4.57 to $7 on the Monday session. The CME Feeder Cattle Index was down another $4.32 on July 17 to $359.71.

The weekly NASS Crop Progress report showed the US pasture rating at 29% gd/ex, down 1% from the week prior. The Brugler500 index was down 6 points to 271.

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