Live Cattle Futures Surge; Feeder Cattle Follow
Update: 2026-01-01
Description
Live cattle futures surged, gaining between eighty-two cents to one dollar twenty-two across contracts, while feeder cattle futures also rose, up seventy to eighty cents. Cash trade remained light, with a few sales at two hundred twenty-nine dollars. Speculators boosted their net long position in live cattle to ninety-four thousand eight hundred sixty-eight contracts, up three thousand five hundred sixty-five from last week. Export Sales revealed slim bookings for twenty twenty-five but a four-week high in shipments for twenty twenty-six. Boxed beef prices dipped, with Choice boxes falling seventy-five cents and Select down seventy-eight cents. December twenty-five live cattle settled at two hundred thirty-two dollars, up eighty-two cents, signaling steady momentum into the new year.
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