Live cattle futures were mixed, with August down 12 cents and the rest of the board up 12 to 55 cents. Open interest was up 1,342 contracts. Cash was picked up last week at $403 dressed in the north, with live trade at $255-256. Southern trade was $255. Feeder cattle futures were down 12 to 77 cents in across the board on Monday. The CME Feeder Cattle Index was back down $1.52 on July 3 to $371.11.
The weekly NASS Crop Progress report showed the US pasture rating at 33% gd/ex, down 1% from the week prior. The Brugler500 index was up 3 points to 288.
