Cattle Rally Back on Monday

Austin Schroeder Barchart Mon Sep 15, 4:19PM CDT
Cows looking out from pen ear tagged by Manfred Antranias Zimmer via Pixabay

Live cattle futures posted gains of $4.35 to $4.625 on Monday, to take back much of last week’s losses. Cash activity narrowed in at $240 last week across the country down $2 from the week prior. Much of this week’s early action has been compiling showlists. Feeder cattle futures were up $7.00 to $8.70 higher at Monday’s close. The CME Feeder Cattle Index was down 93 cents at $362.15 on September 12. The weekly OKC feeder cattle auction showed 6,000 head for sale, with price action down $2-3 for feeder heifers and steady for feeder steers. Calves were down $10-20.

USDA Wholesale Boxed Beef prices were mixed in the Monday PM report, with the Chc/Sel spread at $19.73. Choice boxes were down $1.51 at $398.53, while Select was another 36 cents higher to $378.80. USDA federally inspected cattle slaughter for Monday was estimated at 110,000 head. That was 4,000 head above last Monday, but 10,815 head lower vs. the same week in 2024.

Oct 25 Live Cattle  closed at $234.600, up $4.625,

Dec 25 Live Cattle  closed at $236.275, up $4.350,

Feb 26 Live Cattle  closed at $237.800, up $4.575,

Sep 25 Feeder Cattle  closed at $358.800, up $8.400,

Oct 25 Feeder Cattle  closed at $354.500, up $8.700,

Nov 25 Feeder Cattle  closed at $350.250, up $7.000,


On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.