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Cattle futures ended on the downside by more than $1 in some contracts, and dragged feeder with them. January feeders expired at $212.40, just $1.67 under the latest CME Index. Light cash cattle trade is being reported at $159-160. Northern bids are in the $252 area but the asks are $258-260.All are above nearby futures. Wholesale beef prices were lower, with Choice boxes averaging $244.59, down $2.70 on the day, and Select boxes off $2 at $238.34.Net US beef export sales last week totaled 10,000 MT in the USDA report this morning, which was slightly higher than the total reported for the same week a year ago.YTD export commitments four weeks into January are 87.6% of what they were a year ago.
Feb 15 Cattle closed at $153.525, down $0.425,
Apr 15 Cattle closed at $150.500, down $1.000,
Jun 15 Cattle closed at $143.425, down $1.250,
Jan 15 Feeder Cattle closed at $212.400, down $0.050
Mar 15 Feeder Cattle closed at $203.575, down $0.775
Apr 15 Feeder Cattle closed at $204.200, down $1.250