Front month live cattle futures are down triple digits in April and June, with 35 to 65 cent losses in the deferreds. Feeders are also down triple digits with losses of as much as $3.90. USDA confirmed cash cattle trade for mostly at $140, with some deals at $143, for a thin Thursday market. The CME Feeder Cattle Index from 2/28 was 24 cents weaker at $159.67. Â
Wholesale Boxed Beef prices continued lower in the AM report, a 38 cent dip in Choice and another 84 cent pullback for Select. USDA reported FI cattle slaughter at 493k head through Thursday, which was 15k head above from last week and 8k above the same week last year.Â
Apr 22 Cattle  are at $136.825, down $1.525,
Aug 22 Cattle  are at $134.975, down $0.675,
Mar 22 Feeder Cattle  are at $152.225, down $4.125
Apr 22 Feeder Cattle  are at $157.175, down $3.350
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