Live cattle futures are rallying sharply on Thursday, with contracts up $2.80 to $5.02 as bulls dominate the market. Cash cattle trade started the week at $255, moved to $256 later in the week, and the Thursday Fed Cattle Exchange showed sales at $256.50 on 284 of 1,116 head. The stronger cash prints and broad futures gains point to firm near-term cattle pricing.
Live cattle futures are rallying sharply on Thursday, with contracts up $2.80 to $5.02 as bulls dominate the market. Cash cattle trade started the week at $255, moved to $256 later in the week, and the Thursday Fed Cattle Exchange showed sales at $256.50 on 284 of 1,116 head. The stronger cash prints and broad futures gains point to firm near-term cattle pricing.
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Request DemoOverall Sentiment
moderately positive
Sentiment Score
0.70
