DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Live Cattle Futures Surge, Screwworm Concerns Loom
Live Cattle Futures Surge, Screwworm Concerns Loom

Live Cattle Futures Surge, Screwworm Concerns Loom

Update: 2025-12-31
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Live cattle futures surged, gaining between $1.45 and $2.27, while feeder cattle futures also rose, increasing by $2.55 to $3.00. The cash trade remained steady at $229 to $230 last week, but this week has been quieter. The Fed Cattle Exchange saw dressed sales at $355 for 40 head out of 1,278 offered, with bids around $225. The CME Feeder Cattle Index dipped $7.96 to $356 on December 26. New cases of New World Screwworm emerged in Mexico, raising concerns about potential spread to the U.S. Boxed beef prices showed a mixed bag, with Choice cutout dropping $1.13 to $348.20 and Select rising $2.46 to $343.16. Federally inspected slaughter totaled 122,000 head on Tuesday, with the week-to-date total at 240,000—down 4,000 from last week but up over 17,000 from a year ago. December twenty-five live cattle closed at $231.17, up $2.28, and February twenty-six settled at $230.48, up $1.50. Nearby feeders like January twenty-six hit $349.55, up $2.55. Checkout Solipillow.com

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Live Cattle Futures Surge, Screwworm Concerns Loom

Live Cattle Futures Surge, Screwworm Concerns Loom