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Market Impact: 0.2

Cattle Traders Look to Thursday Action

Commodity FuturesFutures & OptionsMarket Technicals & FlowsInvestor Sentiment & Positioning

Live cattle futures finished mixed on Wednesday, with June up 42 cents while the rest of the board fell 15 to 75 cents. Open interest increased by 3,469 contracts, indicating added positioning, but the Fed Cattle online auction was weak with no sales on 1,466 head offered and only one bid at $400 dressed.

Analysis

Live cattle futures finished mixed on Wednesday, with June up 42 cents while the rest of the board fell 15 to 75 cents. Open interest increased by 3,469 contracts, indicating added positioning, but the Fed Cattle online auction was weak with no sales on 1,466 head offered and only one bid at $400 dressed.

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Market Sentiment

Overall Sentiment

neutral

Sentiment Score

-0.05