Feeder cattle futures futures contracts for feeder cattle

Futures contracts for feeder cattle have seen moderate buying interest, closing at $243.40/cwt. Seasonal trends and updated USDA cattle inventory data could push prices higher if feed grain costs stay stable through harvest. USDA Wholesale Boxed Beef prices were mixed in the Friday morning report, with the Chc/Sel spread narrowing to $17.36. Choice boxes were down 27 cents at $362.95, while Select was $2.19 higher to $345.59. USDA federally inspected cattle slaughter for Thursday was estimated at 113,000 head, with the weekly total at 461,000 head. That was 5,000 head below last week and 30,285 head below the same week in 2024. Disclaimer | Privacy Notice | Cookie Notice | Terms of Use | Data Terms of Use | Modern Slavery Act Transparency Statement | Report a Security Concern CME feeder cattle futures edged slightly higher to $243.50/cwt amid reports of tightened supply in the Northern Plains. Weather forecasts suggesting dry conditions could amplify scarcity concerns.