Live cattle futures settled down 52 cents to $1.67 on Thursday, reflecting softer tone in the market. Cash cattle trade remains thin, with a few bids near $253 versus last week’s $260 to $265 range, pointing to lower near-term pricing. The article suggests cautious sentiment ahead of additional cash trade and the Fed Cattle Exchange auction.
Live cattle futures settled down 52 cents to $1.67 on Thursday, reflecting softer tone in the market. Cash cattle trade remains thin, with a few bids near $253 versus last week’s $260 to $265 range, pointing to lower near-term pricing. The article suggests cautious sentiment ahead of additional cash trade and the Fed Cattle Exchange auction.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.20
