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Austin Schroeder

REVEALED: Cattle trading mixed on thursday | Vintage Vibes

Live cattle futures are down 45 to 55 cents at midday. Cash trade has been light with a few $234 sales. The Wednesday Fed Cattle Exchange online auction showed no sales on the 1,024 head offered, as bids were still $233-235 live and $368 in the beef. Feeder cattle futures are up 20 cents to $1.42 at midday. The CME Feeder Cattle Index was up 19 cents to $361.78 on March 24. 

USDA’s Export Sales report from this morning showed 10,691 MT of beef sold in the week ending on 3/19, well above last week. Shipments were a 3-week high at 14,486 MT.

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