Cattle feeder futures

USDA Wholesale Boxed Beef prices were mixed on Tuesday afternoon, with the Chc/Sel spread widening to $23.78. Choice boxes were up 35 cents at $371.03, while Select was $1.64 lower to $347.25. USDA federally inspected cattle slaughter for Tuesday was estimated at 120,000 head, with the weekly total at 233,000 head. That was 2,000 head above last week but 11,646 head below the same week in 2024. Manage the risk inherent in cattle production and processing with Live Cattle futures and options. Facilitate price discovery and manage price risk related to the purchase or sale of cattle. Benefit from arbitrage and spread opportunities with other commodities such as grains. The cattle feeder futures curve remains in backwardation, implying near-term supply pressures. April contracts are outperforming May, suggesting traders anticipate short-term demand from feedlots to stay elevated into early spring.