Cattle feeder futures extended gains this week

Cattle feeder futures extended gains this week, supported by strong beef export demand. Traders are factoring in a seasonal peak typically seen in late February, with current price dynamics favoring long positions above the $239 level. That slop, a thick, nutrient-rich blend of corn and grain, has been a quiet but vital link between the world’s best-selling whiskey and the local farms that surround it. For decades, it kept feed costs low, cattle healthy, and waste out of landfills. Track forward-looking risk expectations on Live Cattle with the CME Group Volatility Index (CVOL TM ), a robust measure of 30-day implied volatility derived from deeply liquid options on Live Cattle futures. Weekend cash market reports gave a small lift to cattle feeder futures, as packers continued paying steady-to-higher bids. This price action reaffirms the market floor around $