Live cattle futures gave back part of last week’s gains on Friday, closing down $1.05 to $1.625. August contracts still finished the week only 47 cents lower, while Friday open interest rose by just 386 contracts. Cash cattle trade finally improved to $255 across the country, indicating firmer underlying cash pricing despite the softer futures close.
Live cattle futures gave back part of last week’s gains on Friday, closing down $1.05 to $1.625. August contracts still finished the week only 47 cents lower, while Friday open interest rose by just 386 contracts. Cash cattle trade finally improved to $255 across the country, indicating firmer underlying cash pricing despite the softer futures close.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15
