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Austin Schroeder

INSANE: Cattle close with thursday losses | Rare Historical Photos

Feeder Cattle Live Cattle Fed Cattle Exchange Live USDA

Live cattle rounded out a weaker Thursday session with contracts down $5 to $6.20. The Thursday Fed Cattle Exchange online auction showed no sales on the 1,602 head offered, with bids of $235-236. Cash movement has been quiet this week. Feeder cattle futures were down $6 to $7.50 in the front months on the Thursday session. The CME Feeder Cattle Index was back up 59 cents to $375.16 on February 4.

Late on Wednesday, workers at the Greeley, CO JBS plant (~5,000 hd/day) voted to authorize a strike, though they did not give specifics on a timeline of when said strike would begin.

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