Cattle feeder futures in Wednesday’s session

In Wednesday’s session, cattle feeder futures hovered just below $241, consolidating after last week’s rally. Tight available inventory and moderate feed costs are encouraging long-term bullish positioning from commercial hedgers. 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. Self-Study Guide to Hedging with Livestock Futures & Options Latest charts on cattle feeder futures reveal stable volume patterns alongside a growing open interest base, signaling solid participation. If live cattle prices keep trending upward, feeders could see an accelerated move toward $246/cwt.