June & Aug LC Are Bull Spread

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Source: ADM, Chris Lehner

MORNING LIVESTOCK FUTURES OUTLOOK

LIVE CATTLE

Cash cattle in the Midwest on light sales were $1.00 higher from $186.00 to $187.00 and dressed prices $295.00. Cash cattle in the Southwest were $1.00 to $2.00 higher mostly $184.00 on light sales.  As of Friday total head sold negotiated in Texas. Oklahoma and New Mexico were just 2,557 head. Compared to a week ago slaughter was up 7000 head.  June and August Live Cattle are bull spread. From October into 2025 Live Cattle are bear spread.

>Read full report here

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