Cattle Back Higher on Friday

Austin Schroeder Barchart Fri Jan 17, 12:19PM CST
Close up of brown and white cow by Derek Sewell via Pixabay

Live cattle futures are back up 45 to 95 cents so far on Friday. Cash trade this week came in at $200-201 in the South, with sales reported of $202-205 on NE. Feeder cattle futures are 30 to 85 cents higher at midday. The CME Feeder Cattle Index was back up 27 from the day prior at $278.31 on January 15. 

USDA wholesale Boxed Beef prices were mixed in the Thursday PM report, with the Chc/Sel spread tightening to $12.37. Choice boxes were up 41 cents at $333.82/cwt, with Select $2.07 higher @ $321.45. USDA estimated federally inspected cattle slaughter for Thursday at 122,000 head, taking the weekly total to 488,000 head. That is 14,000 head above last week and up 34,4788 head from the same week last year.

Feb 25 Live Cattle  are at $197.450, up $0.85,

Apr 25 Live Cattle  are at $198.150, up $0.475,

Jun 25 Live Cattle  are at $192.900, up $0.925,

Jan 25 Feeder Cattle  are at $273.750, up $0.300

Mar 25 Feeder Cattle  are at $268.575, up $0.850

Apr 25 Feeder Cattle  are at $268.700, up $0.500


On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.