Live cattle futures are up 27 to 95 cents on Wednesday. Cash trade from last week finished out near $256-257. It has been quiet so far this week, with a few light sales of $400 in NE. The Wednesday Fed Cattle Exchange online auction showed $256 sales on 307 head of the 752 offered. Feeder cattle futures are 92 cent to $1.47 higher at Wednesday’s midday. The CME Feeder Cattle Index was back down 21 cents to $375.33 on May 4.
The Tuesday APHIS update on the New World Screwworm showed a total of 1,674 active cases of in Mexico as of Monday. There were 126 active cases in the bordering state of Tamaulipas (3 within a range of 96-97 miles of the US border), 21 active in Nuevo Leon (6 within a range of 80-97 miles of the US border), and 4 in Coahuila.
