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Austin Schroeder

BIZARRE: Cattle posting midday weakness on thursday - What They Never Told You

Live cattle futures are down 87 cents to $1.62 so far on Thursday. Cash trade has yet to get kicked off this week. The Thursday morning Fed Cattle Exchange online auction showed no sales or bids on the 2,612 head offered. Feeder cattle futures are fading back $2.07 to $3.60 across the front months at midday. The CME Feeder Cattle Index was 65 cents lower on October 6 to $337.87.

USDA Export Sales data showed 12,996 MT of beef sold in the week ending on 10/1 for 2026. Shipments were 11,880 MT in that week a 3-week low.

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