Live cattle futures posted $1.42 to $3.47 gains across the board at Thursday’s close. USDA picked up cash trade at $232-233 on Thursday. The Thursday Fed Cattle Exchange online auction showed no sales on the 1,054 head offered and a few bids of $228. Feeder cattle futures extended the bounce out of Monday’s limit losses, with $2.20 to $5.02 gains at the close. The CME Feeder Cattle Index was back down 22 cents on July 29 to $347.69.
Export Sales data from USDA showed beef sales for 2026 at 15,109 MT for the week ending on 7/23. That was a 5-week high. Shipments were tallied at 12,381 MT, which back down from last week.
