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Market Impact: 0.22

Cattle Look to Tuesday Following Monday Rally

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

Live cattle futures rose $2.12 to $3.72 at Monday’s close, while open interest increased by 3,518 contracts, pointing to fresh buying interest. Cash cattle trade last week centered around $246 nationwide, with a few late sales at $248. Feeder cattle futures were also rallying, reinforcing a constructive near-term tone in the cattle complex.

Analysis

Live cattle futures rose $2.12 to $3.72 at Monday’s close, while open interest increased by 3,518 contracts, pointing to fresh buying interest. Cash cattle trade last week centered around $246 nationwide, with a few late sales at $248. Feeder cattle futures were also rallying, reinforcing a constructive near-term tone in the cattle complex.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.35