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Market Impact: 0.25

Cattle Look to Wednesday Trade, Following Tuesday Losses

Commodities & Raw MaterialsCommodity FuturesMarket Technicals & Flows

Live cattle futures fell 57 cents to $1.22 across the board on Tuesday, with June contracts expiring at $258.20. Open interest declined by 2,448 contracts, while cash trading remained quiet—last week’s northern sales were $260 and $258 in the South. The move suggests short-term softening in the futures complex rather than a broader supply/demand shock.

Analysis

Live cattle futures fell 57 cents to $1.22 across the board on Tuesday, with June contracts expiring at $258.20. Open interest declined by 2,448 contracts, while cash trading remained quiet—last week’s northern sales were $260 and $258 in the South. The move suggests short-term softening in the futures complex rather than a broader supply/demand shock.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25

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