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Cattle Push Higher into Wednesday’s Close

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & FlowsDerivatives & Volatility

Live cattle futures rose $0.05 in August to $1.30 in some deferred contracts. Cash trade has not started this week after last week's reported cash sales at $245–246, and the Central Stockyards Fed Cattle Exchange online auction received no bids on the 970 head offered, indicating thin demand despite the modest futures uptick.

Analysis

Live cattle futures rose $0.05 in August to $1.30 in some deferred contracts. Cash trade has not started this week after last week's reported cash sales at $245–246, and the Central Stockyards Fed Cattle Exchange online auction received no bids on the 970 head offered, indicating thin demand despite the modest futures uptick.

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