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Market Impact: 0.2

Cattle Facing Weakness on Friday

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsInvestor Sentiment & Positioning

Live cattle futures are down 97 cents to $1.65 at midday, reflecting weaker sentiment in the market. Cash trade has improved to $256 in the South, with northern bids also at $256, while the Friday Fed Cattle Exchange auction saw only 40 of 1,008 head sold at that price.

Analysis

Live cattle futures are down 97 cents to $1.65 at midday, reflecting weaker sentiment in the market. Cash trade has improved to $256 in the South, with northern bids also at $256, while the Friday Fed Cattle Exchange auction saw only 40 of 1,008 head sold at that price.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.20