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Cattle Extending Higher on Thursday

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⚡ Quantum Brief
Live cattle futures rose sharply on April 2, 2026, gaining 67 cents to $1.05 by midday, while feeder cattle futures climbed 70 cents to $1.25 in front-month contracts. Cash cattle trade stalled this week, with bids ranging from $238–$242 and no sales on the Fed Cattle Exchange despite 1,016 head offered. Beef exports hit a 3-week high at 11,886 MT for the week of March 26, though February exports dropped to a 10-year low of 183.6 million pounds. Wholesale boxed beef prices fell, with Choice down $3.99 to $390.43 and Select dropping $4.91 to $387.68, pressuring margins. USDA reported weekly cattle slaughter at 324,000 head, up 9,000 from last week but 45,169 below 2025 levels, reflecting tightening supply.
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AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks Cattle Extending Higher on Thursday April 02, 2026 — 05:19 pm EDT Written by Austin Schroeder for Barchart-> Live cattle futures are up 67 cents to $1.05 at midday. Cash trade has yet to get kicked off this week, with bids at midday of $238-242. The Thursday morning Fed Cattle exchange showed no sales on the 1,016 head offered, with limited bids of $238-239.50. Feeder cattle futures are trading with 70 cent to $1.25 in the front months. The CME Feeder Cattle Index was up 89 cents to $366.82 on March 31. Thursday will be the last trade day for the week as the markets are off for Good Friday.Beef export sales in the week of 3/26 showed a total of 11,886 MT booked, a 3-week high. Shipments in that week were 13,630 MT, back down from last week. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. Census data converted to a carcass basis showed beef exports at 183.6 million pounds in February, a 10-year low for the month and 6% below January.Wholesale Boxed Beef prices were lower in the Thursday morning report, with the Chc/Sel at $2.75. Choice boxes were down $3.99 to $390.43, while Select was $4.91 lower at $387.68. USDA estimated federally inspected cattle slaughter for Wednesday at 107,000 head, with the weekly total at 324,000 head. That is up 9,000 head from last week but 45,169 head below the same week last year. Apr 26 Live Cattle are at $245.100, up $1.050,Jun 26 Live Cattle are at $245.150, up $0.800,Aug 26 Live Cattle are at $241.350, up $0.675,Apr 26 Feeder Cattle are at $371.450, up $0.700May 26 Feeder Cattle are at $369.250, up $1.250Aug 26 Feeder Cattle are at $368.025, up $1.175 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. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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