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Barchart
Barchart
Austin Schroeder

FORGOTTEN HISTORY: Cattle push lower on tuesday - The Untold Story

United States Feeder Cattle Live Cattle

Live cattle futures posted losses of 10 to 67 cents on the day. 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 mixed, with August up 15 cents and other contracts down 47 cents to $2.85 at the close. The CME Feeder Cattle Index was back up $2.08 on July 6 to $373.19.

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.

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