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Austin Schroeder

FORGOTTEN HISTORY: Cattle falling on monday - Caught on Camera

ARE Feeder Cattle Live Cattle North

Live cattle futures are trading with Monday midday losses of $1.92 to $2.95. Cash trade was limited, with some $246-248 in the North and some southern trade up to $249. Feeder cattle futures are down $3.65 to $4.30 across most contracts. The CME Feeder Cattle Index was up 44 cents to $377.37 on February 19. The weekly OKC feeder cattle online auction has 6,500 head for sale, with early action reported steady.

Commitment of Traders data showed a total of 8,083 contracts added to the net long position in live cattle futures and option, to 116,717 contracts. In feeder cattle futures and options, managed money added another 644 contracts to their net long to 16,806 contracts.

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