Live cattle futures are mixed, ranging from 75 cents lower to 20 cents higher, while feeder cattle futures are up 20 cents to $1.12 at midday. Cash cattle trade last week was reported at $248-$249 in the South and near $249-$250 in parts of the North. The update points to stable-to-firm cattle pricing and routine intraday futures volatility rather than a major market catalyst.
Live cattle futures are mixed, ranging from 75 cents lower to 20 cents higher, while feeder cattle futures are up 20 cents to $1.12 at midday. Cash cattle trade last week was reported at $248-$249 in the South and near $249-$250 in parts of the North. The update points to stable-to-firm cattle pricing and routine intraday futures volatility rather than a major market catalyst.
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