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Market Impact: 0.25

Cattle Rally Out of the Long Weekend

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows

Front-month live cattle futures rallied, with April up $1.825 and contract gains of $0.40–$0.90 on Monday. No deliveries were issued for April on First Notice Day; the oldest long-dated contract is May 15, 2025. Cash trade activity picked up last week with reported countrywide sales at $245–$246, lending support to the futures move.

Analysis

Front-month live cattle futures rallied, with April up $1.825 and contract gains of $0.40–$0.90 on Monday. No deliveries were issued for April on First Notice Day; the oldest long-dated contract is May 15, 2025. Cash trade activity picked up last week with reported countrywide sales at $245–$246, lending support to the futures move.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.25