Longhorns Parade Through Oklahoma City Stockyards

4 sourcesUpdated Oct 18, 20261 min read

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Longhorns Parade Through Oklahoma City Stockyards — Photo: Diego F. Parra / Wikimedia Commons (Pexels)

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Cattle futures rallied through the week, with live cattle gaining and feeder cattle posting especially strong advances as cash-market trade firmed. USDA-reported live cattle sales reached $228 in the South and up to $355 for dressed cattle in the North; a Friday auction sold 571 of 2,596 head offered. The CME Feeder Cattle Index also rose, reaching $343.54 by Oct. 15. Beef exports totaled 19,766 metric tons in the week ending Oct. 8, while shipments hit a 14-week high. Wholesale boxed-beef prices were mixed, and federally inspected cattle slaughter remained below the same week a year earlier; traders also reduced their net-long position in live cattle futures and options.

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