Cattle Falling on Thursday, with Feeders Falling the Limit

Live cattle futures are down $3 to $4.90 across most contracts, while cash trade remains limited with only a few $260 sales in Kansas and $265 in the North. The Thursday Fed Cattle Exchange auction cleared no sales on 652 head offered, indicating soft near-term pricing interest and an uncertain cash market backdrop.

Analysis

Live cattle futures are down $3 to $4.90 across most contracts, while cash trade remains limited with only a few $260 sales in Kansas and $265 in the North. The Thursday Fed Cattle Exchange auction cleared no sales on 652 head offered, indicating soft near-term pricing interest and an uncertain cash market backdrop.