
Live cattle futures are up $1.17 to $1.90 so far on Friday. Cash trade has been quiet so far this week, with a few $234-235 sales in the North. The Thursday morning Fed Cattle Exchange online auction showed $370 dressed sales on just 38 of the 1,026 head offered, with other bids of $233-235. Feeder cattle futures are in rally mode, up $3.50 to $3.80. The CME Feeder Cattle Index was up $2.37 to $360.69 on March 18.
The Thursday update from APHIS showed a total of 1,194 active cases of new world screwworm in Mexico, with 34 active cases in the bordering state of Tamaulipas.