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Cattle Traders Look to Round Out the Week

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & FlowsDerivatives & Volatility

Live cattle futures rose 40 cents to $1.07 on Wednesday, with preliminary open interest up 4,984 contracts. Cash trade has not started this week; last week's cash sales settled at $234-235 and $238 late in the southern trade, and the Wednesday morning Fed Cattle exchange reported no sales.

Analysis

Live cattle futures rose 40 cents to $1.07 on Wednesday, with preliminary open interest up 4,984 contracts. Cash trade has not started this week; last week's cash sales settled at $234-235 and $238 late in the southern trade, and the Wednesday morning Fed Cattle exchange reported no sales.

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