NYSE:RRX 6 February 2026

June 12, 2026, 3:53 PM EDT. Live cattle futures fell $1.00 to $1.70 by midday Friday, with no June deliveries Thursday and open interest rising by 2,405 contracts. Cash trade remains minimal; bids around $254. The Fed Cattle Exchange auction reported no sales or bids on 952 head. Feeder cattle futures also dropped $1.30 to $1.50, despite a $2.04 uptick in the CME Feeder Cattle Index to $370.10. JBS announced the closure of its Souderton, Pennsylvania slaughter plant, which processes nearly 2,000 head daily. USDA data showed cattle slaughter at 105,000 head Thursday, down from prior week and last year. Wholesale boxed beef prices declined, with Choice boxes down 10 cents to $393.11 and Select boxes up 73 cents to $373.98.