Live cattle futures are showing 10 to 45 cent gains so far on Monday. 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 are down 42 cents to $1.02 in the front months at midday. The CME Feeder Cattle Index was up $1.38 on July 2 to $372.63.
Wholesale Boxed Beef prices were lower in the Friday morning report, with the Chc/Sel spread at $20.94. Choice boxes were down $1.17 at $385.90, with Select $2.47 lower to $364.96.