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Cattle Push Higher on Monday

Barchart
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Live cattle futures surged Monday, with gains of $1 to $1.40 per contract, while open interest rose by 3,501 contracts. Cash trade remained stagnant this week after closing last week at $212–213 (South) and $217–218 (North). Feeder cattle futures climbed 50 cents to $1.275 in near-term contracts, with the CME Feeder Cattle Index up $3.83 to $291.71. Oklahoma City auctions saw steers rise $5–10 and heifers $5–13 from last week. USDA and Mexico resolved a dispute over feeder cattle imports, avoiding restrictions tied to new world screwworm concerns. The agreement aims to curb spread without disrupting trade flows. Boxed beef prices jumped, with Choice up $6.29 to $342.77/cwt and Select rising $5.01 to $325.12. The Choice-Select spread widened to $17.65, signaling stronger demand for higher-grade beef. Monday’s federally inspected cattle slaughter hit 104,000 head, down 1,000 from the prior week and 5,648 below year-ago levels, reflecting tightening supply amid rising prices.
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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 Push Higher on Monday April 29, 2025 — 11:01 am EDT Written by Austin Schroeder for Barchart-> Live cattle futures posted Monday gains of $1 to 1.40. Preliminary open interest was up 3,501 contracts on Monday. Cash trade has yet to see any movement this week but closed last week with the South coming in at $212-213 and Northern trade up to $217-218. Feeder cattle futures closed with gains of 50 cents to $1.275 in the nearbys on Monday. The CME Feeder Cattle Index was back up $3.83 on April 25, with the average price at $291.71. The weekly OKC feeder cattle auction shows an estimated 5,000 head for sale, which is slightly below the same week last year. Steers were up $5-10 from last week, with heifers $5-13 higher. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. After threatening to limit imports of feeder cattle from Mexico due to the new world screwworm, USDA Secretary Rollins stated the US and Mexico have reached an agreement on actions to help limit the spread.USDA’s Monday afternoon National Wholesale Boxed Beef report was higher, as the Chc/Sel widened to $17.65. Choice boxes were $6.29 higher at $342.77/cwt, with Select up $5.01 to $325.12. Federally inspected cattle slaughter was estimated at 104,000 head for Monday. That is 1,000 head below the Monday prior and down 5,648 head from the same week last year.Apr 25 Live Cattle closed at $215.650, up $1.400,Jun 25 Live Cattle closed at $209.600, up $1.350,Aug 25 Live Cattle closed at $205.325, up $1.225,May 25 Feeder Cattle closed at $291.800, up $1.275,Aug 25 Feeder Cattle closed at $294.950, up $0.650,Sep 25 Feeder Cattle closed at $294.075, up $0.525, 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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