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Cattle Look to Wednesday Trade

Commodity FuturesFutures & OptionsMarket Technicals & FlowsInvestor Sentiment & PositioningCommodities & Raw Materials

Live cattle futures rose $1.47 to $2.92 across the board on Tuesday, with open interest up 1,878 contracts. Cash cattle trade was mostly quiet after last week’s $256-257 finish, though there were a few light $400 sales in Nebraska. The article also notes feeder cattle futures, but the excerpt cuts off before additional detail.

Analysis

Live cattle futures rose $1.47 to $2.92 across the board on Tuesday, with open interest up 1,878 contracts. Cash cattle trade was mostly quiet after last week’s $256-257 finish, though there were a few light $400 sales in Nebraska. The article also notes feeder cattle futures, but the excerpt cuts off before additional detail.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.20