Live cattle futures are pushing higher, with most contracts up 75 to 95 cents. April is up $2.375 on First Notice Day. Cash trade took off last week, with sales at $245-246 across the country, up $8-10 from the previous week. Feeder cattle futures are moved, with contracts down a dime to up a dollar. The CME Feeder Cattle Index was down 1 cent to $366.81 on April 1.
The JBS strike in Greeley, Colorado is expected to conclude on Monday, with workers coming back on Tuesday as negotiations are still ongoing.
