Cattle Start the Week with Strength

Live cattle futures rose $0.82 to $1.42 on Monday, while feeder cattle futures were up $1.50 to $2.12. Cash trade was light last week, with early sales at $234–$235 and a few late southern sales reported at $238. These are modest, short-term upward moves in the cattle complex with limited transaction volume reported.

Analysis

Live cattle futures rose $0.82 to $1.42 on Monday, while feeder cattle futures were up $1.50 to $2.12. Cash trade was light last week, with early sales at $234–$235 and a few late southern sales reported at $238. These are modest, short-term upward moves in the cattle complex with limited transaction volume reported.