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Market Impact: 0.2

Cattle Look to Wednesday as Beef Weakness Continues

Commodities & Raw MaterialsEnergy Markets & PricesCommodity FuturesMarket Technicals & Flows

Live cattle futures continued to weaken Tuesday, falling $1.60 to $3.30 at the close. Open interest rose by 3,860 contracts, while August positions fell by 8,909, signaling reduced near-term exposure. With cash trade not yet started (northern bids around $380 dressed vs. $390–$393 sales), bearish pressure appears to persist into the next session.

Analysis

Live cattle futures continued to weaken Tuesday, falling $1.60 to $3.30 at the close. Open interest rose by 3,860 contracts, while August positions fell by 8,909, signaling reduced near-term exposure. With cash trade not yet started (northern bids around $380 dressed vs. $390–$393 sales), bearish pressure appears to persist into the next session.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25