CME feeder cattle futures saw brisk buying on news of increased Mexican import demand for U.S. feeders. August contracts touched $2.48/lb before retreating slightly amid profit-taking. Oct 25 Feeder Cattle closed at $358.975, down $2.050, If you're new to futures, the courses below can help you quickly understand the Live Cattle market and start trading. Cash market strength in the Plains is feeding directly into CME feeder cattle futures sentiment. Weekly auction reports show average prices up $4/head, aligning with contract gains on the board.