Live cattle futures fell $1.05 to $1.30 on Friday, with August down an additional nickel and still down $4.02 for the week. Cash prices improved to $247-248 across the country, but that was still $7-8 lower than last week. Feeder cattle futures also declined $1.12 to $1.97, signaling broad weakness across cattle-related contracts.
Live cattle futures fell $1.05 to $1.30 on Friday, with August down an additional nickel and still down $4.02 for the week. Cash prices improved to $247-248 across the country, but that was still $7-8 lower than last week. Feeder cattle futures also declined $1.12 to $1.97, signaling broad weakness across cattle-related contracts.
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mildly negative
Sentiment Score
-0.25
