Dwell cattle futures closed the Monday session with contracts up $1 to 1.40. Money commerce has but to see any motion this week, however closed final week with the South coming in at $212-213 and Northern commerce as much as $217-218. 

Feeder cattle futures closed up 50 cents to $1.275 within the nearbys on Monday. The CME Feeder Cattle Index was again up $3.83 on April 25, with the common worth at $291.71. The weekly OKC feeder cattle public sale exhibits an estimated 5,000 head on the market, which is barely beneath the identical week final yr. Steers had been up $5-10 from final week, with heifers $5-13 larger.

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Over the weekend USDA Secretary Rollins despatched a letter to Mexico’s authorities threatening to limit stay animal imports into the US if the nation doesn’t totally cooperate to cease the unfold of New World Screwworm. She is giving them till April 30 to make some requested modifications or imports will probably be restricted. 

USDA’s Monday afternoon Nationwide Wholesale Boxed Beef report was larger, because the Chc/Sel widened to $17.65. Selection containers had been $6.29 larger at $342.77/cwt, with Choose up $5.01 to $325.12. Federally inspected cattle slaughter was estimated at 104,000 head for Monday. That’s 1,000 head beneath the Monday prior and down 5,648 head from the identical week final yr.

Apr 25 Dwell Cattle  closed at $215.650, up $1.400,

Jun 25 Dwell Cattle  closed at $209.600, up $1.350,

Aug 25 Dwell Cattle  closed at $205.325, up $1.225,

Could 25 Feeder Cattle  closed at $291.800, up $1.275,

Aug 25 Feeder Cattle  closed at $294.950, up $0.650,

Sep 25 Feeder Cattle  closed at $294.075, up $0.525,

On the date of publication,

right here.

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