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Market Impact: 0.25
Cattle Slipping Back on Tuesday
Source: Nasdaq
Commodities & Raw MaterialsEnergy Markets & PricesMarket Technicals & Flows
Live cattle futures are down $0.65 to $1.45 on the day, while feeder cattle futures are off $1.10 to $2 at midday. Last week’s cash trade was mostly $220–$222 late across the U.S., with no new reported cash developments for this week. The CME Feeder Cattle Index is also lower, reinforcing near-term weakness in cattle-related contracts.
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