Live cattle futures are trading with 90 cent to $1.37 gains on Thursday. There were no deliveries issued against June futures on Wednesday. Cash trade saw some very light $402 dressed trade in the north yet, though it has yet to see much volume this week. The Thursday morning Fed Cattle Exchange online auction showed no sales on the 952 head, with a single bid of $255. Feeder cattle futures are rallying, up $3.50 to $3.60. The CME Feeder Cattle Index was back down 14 cents on June 9 to $368.06.
The weekly Export Sales report showed 19,032 MT of beef sold for 2026 in the week ending on June 4. That was the third largest for the calendar year. Shipments were pegged at 15,239 MT, which was the second largest for the year.
