Live Cattle Market Update

The live cattle market has seen notable movements recently, with futures prices experiencing a rally. On Thursday, live cattle futures increased by $1.30 to $1.75, while feeder cattle futures led the gains, with some contracts closing over the $300 level, marking a significant milestone. This rally is supported by strong cash market activity, with sales in the South starting at $218-220 and northern sales at $225-228.

The CME Feeder Cattle Index has also shown positive trends, contributing to the overall market strength. As of May 4, 2025, the close price for live cattle was $213.6, with the 52-week high recorded at $217.675 on April 29, 2025, and the 52-week low at $173.775 on September 8, 2024.

Veterinary Concerns in Southeast Asia

In related news, Malaysia’s Department of Veterinary Services (DVS) has confirmed that the country remains free of anthrax since the last reported case in 1976. This announcement comes amid concerns following an anthrax outbreak in Thailand, which resulted in a human fatality. The outbreak was linked to cattle slaughtering and the consumption of raw beef in the Don Tan District of Mukdahan Province, northeastern Thailand.

The DVS has emphasized the importance of vigilance and has requested assurances from Thai authorities that no animals or animal products from high-risk anthrax areas are being exported to Malaysia. Anthrax, caused by the bacterium Bacillus anthracis, is a zoonotic disease that can infect both livestock and humans, potentially leading to high mortality rates among animals and posing a serious health risk.

These developments highlight the interconnectedness of regional livestock markets and the importance of maintaining stringent health and safety standards to prevent the spread of diseases.