Live cattle futures were slightly lower, with June down a nickel and other contracts off $1.22 to $2.25. Open interest declined by 3,489 contracts, while cash trade remained quiet with last week’s northern sales at $260 for live and $408-$410 for dressed. Overall, the tape suggests modest near-term softness without major catalyst.
Live cattle futures were slightly lower, with June down a nickel and other contracts off $1.22 to $2.25. Open interest declined by 3,489 contracts, while cash trade remained quiet with last week’s northern sales at $260 for live and $408-$410 for dressed. Overall, the tape suggests modest near-term softness without major catalyst.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15
