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Market Impact: 0.35

Cattle Falling Lower on Wednesday

Commodities & Raw MaterialsCommodity FuturesMarket Technicals & Flows

Live cattle futures are down about $1.35 to $1.85 across most contracts, reflecting weakness in the complex. The Wednesday Fed Cattle Exchange online auction cleared no sales on 1,356 head, with bids around $245, while cash trading remains slow early in the week with little activity.

Analysis

Live cattle futures are down about $1.35 to $1.85 across most contracts, reflecting weakness in the complex. The Wednesday Fed Cattle Exchange online auction cleared no sales on 1,356 head, with bids around $245, while cash trading remains slow early in the week with little activity.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.35

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