Cattle Rally as Cash Strength Continues

The prices of live cattle futures increased by $3.37 to $4.50 due to the ongoing cash strength. There was an uptick in cash trade activity, with sales reaching $230 in the South. In the North, trade was relatively subdued, with some reports mentioning prices around $240. Meanwhile, feeder cattle futures experienced a rally on Thursday, with contract values rising by $4.80 to $5.27.