Live cattle futures closed down 20 to 95 cents on Wednesday. Cash trade has not begun this week and the Fed Cattle Exchange online auction recorded no sales on the 1,024 head offered; bids were reported at $233–235 live and $369 (basis not specified), signaling weak demand and downward pressure on prices.
Live cattle futures closed down 20 to 95 cents on Wednesday. Cash trade has not begun this week and the Fed Cattle Exchange online auction recorded no sales on the 1,024 head offered; bids were reported at $233–235 live and $369 (basis not specified), signaling weak demand and downward pressure on prices.
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Request a DemoOverall Sentiment
mildly negative
Sentiment Score
-0.30
