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Market Impact: 0.2

Cattle Slipping Lower on Monday

CME
Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows

Live cattle futures are down a quarter to $1 at midday, while feeder cattle futures are lower by $1.82 to $3.10 across the front months. Cash cattle trade was reported at $248 last week, but the CME Feeder Cattle Index also fell $1.42 to $377.67, reinforcing a softer tone in the cattle complex.

Analysis

Live cattle futures are down a quarter to $1 at midday, while feeder cattle futures are lower by $1.82 to $3.10 across the front months. Cash cattle trade was reported at $248 last week, but the CME Feeder Cattle Index also fell $1.42 to $377.67, reinforcing a softer tone in the cattle complex.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25

Ticker Sentiment

CME0.00