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Live cattle finished mixed with April up almost a half dollar but later contracts down. April is a few dollars below the cash trade from last week. Feeder futures show the same pattern. The CME feeder cattle index is at $218.65, only a few cents above nearby April feeder futures. The cash cattle market is quiet, with some initial bids at $160. Cash asking prices are in the $167-168 area. Wholesale beef prices are higher again today, with USDA showing Choice boxes up $1.29 at $255.42 and Select up $1.57 at $250.21.
Apr 15 Cattle closed at $161.800, up $0.475,
Jun 15 Cattle closed at $152.225, down $0.100,
Aug 15 Cattle closed at $149.175, down $0.325,
Apr 15 Feeder Cattle closed at $218.625, up $0.500
May 15 Feeder Cattle closed at $216.650, down $0.250
Aug 15 Feeder Cattle closed at $217.925, down $0.350