Live cattle futures are posting $1.90 to $2.15 gains across most contracts. There are a few bids at $235 being reported in the north 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 are extending th bounce out of Monday’s limit losses, with 87 cent to $2.30 gains. The CME Feeder Cattle Index was back down 56 cents on July 28 to $347.91.
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.
