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Market Impact: 0.22

Cattle Extending Gains on Tuesday

Commodity FuturesFutures & OptionsMarket Technicals & FlowsCommodities & Raw Materials

Live cattle futures are up $2.32 to $4.20 across most contracts, while feeder cattle futures are higher by $1.30 to $4.20 in the front months. Cash cattle trade last week centered around $246 nationwide, with a few late sales at $248, indicating firm underlying pricing. The update is supportive for cattle markets, but it is routine daily trade action rather than a broad market-moving event.

Analysis

Live cattle futures are up $2.32 to $4.20 across most contracts, while feeder cattle futures are higher by $1.30 to $4.20 in the front months. Cash cattle trade last week centered around $246 nationwide, with a few late sales at $248, indicating firm underlying pricing. The update is supportive for cattle markets, but it is routine daily trade action rather than a broad market-moving event.

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mildly positive

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