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Market Impact: 0.18

Cattle Falling Back on Wednesday

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & Flows

Live cattle futures slipped 17-30 cents in the front months, while feeder cattle futures are also falling and cash trade remains quiet. The Fed Cattle Exchange online auction showed no sales on 1,026 head offered, with bids at $233-234, signaling limited buying interest and near-term downside pressure on cattle prices.

Analysis

Live cattle futures slipped 17-30 cents in the front months, while feeder cattle futures are also falling and cash trade remains quiet. The Fed Cattle Exchange online auction showed no sales on 1,026 head offered, with bids at $233-234, signaling limited buying interest and near-term downside pressure on cattle prices.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.18