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Cattle Look to Wednesday Trade

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⚡ Quantum Brief
Live cattle futures saw mixed movement on April 8, 2026, with front-month April contracts rising 17 cents while later contracts fell up to $1.22, as cash trade stalled after last week’s $245-$246 sales. Feeder cattle futures dropped sharply, losing $3 to $3.77 across front-month contracts, though the CME Feeder Cattle Index edged up 4 cents to $364.59 on April 4. Wholesale boxed beef prices declined, with Choice down $5.30 to $382.74 and Select falling $2.04 to $386.33, creating a rare $3.59 inversion between Choice and Select grades. USDA reported a 15% year-over-year drop in weekly cattle slaughter (211,000 head), while New World Screwworm cases surged to 40 in Mexico’s Tamaulipas, raising biosecurity concerns. Equity markets rallied on US-Iran ceasefire news, potentially boosting cattle futures at Wednesday’s open, though feeder cattle face pressure from weaker demand and disease risks.
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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 Look to Wednesday Trade April 08, 2026 — 11:44 am EDT Written by Austin Schroeder for Barchart-> Live cattle futures settled with front month April up 17 cents and other contracts down 50 cents to $1.22. There were no deliveries issued for April on Tuesday. Cash trade has yet to get kicked off this week, with sales at $245-246 last week. Feeder cattle futures were down $3 to $3.77 in the front months on Tuesday. The CME Feeder Cattle Index was back up 4 cents to $364.59 on April 4. Equities are in rally mode early on Wednesday on the ceasefire news between US and Iran, which may add support at the open.The Tuesday APHIS update on New World Screwworm showed 40 active cases in Mexico’s bordering state of Tamaulipas, with 2 active cases in Neuvo Leon. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.

Wholesale Boxed Beef prices were lower in the Tuesday afternoon report, with the Chc/Sel at an inverted $3.59. Choice boxes were down $5.30 to $382.74, while Select was $2.04 lower at $386.33. USDA estimated federally inspected cattle slaughter for Tuesday at 113,000 head, with the weekly total at 211,000. That was down 6,000 head from last week on a revision to Monday and 15,921 head below the same week last year. Apr 26 Live Cattle closed at $248.200, up $0.175,Jun 26 Live Cattle closed at $245.800, down $1.225,Aug 26 Live Cattle closed at $242.375, down $0.500,Apr 26 Feeder Cattle closed at $368.900, down $3.125,May 26 Feeder Cattle closed at $366.625, down $3.725,Aug 26 Feeder Cattle closed at $366.050, down $3.775, 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. More news from Barchart Cattle Prices Show Resilience While Hog Prices Fade: What to Watch This Week Massive Meatpacking Strike: What Does It Mean for Beef Prices, Cattle as 3,800 Workers Go on Strike?

Cattle Futures Are in Trouble.

What You Need to Watch Next. 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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