August feeder cattle futures remain firm near $245.50/cwt as traders track feed cost fluctuation and forward packer contracts. Analysts project steady to higher pricing into Q3 if domestic beef demand holds. Jack Daniel’s says it’s protecting its long-term future, even if that means risking connection with a local tradition that helped define the brand for decades. 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. Analysts note that feeder cattle futures climbed 0.5% in midday trade, hitting $244/cwt, fueled by stronger packer demand and lower pasture conditions in the South. Technical charts suggest resistance at $245.50, a level closely monitored by commodity traders.