Live cattle futures fell $2.65 to $4.925 at Monday’s close, while feeder cattle futures declined $2.37 to $3.52. Cash cattle trade was mainly $256-$258 last week, and early-week activity is limited to compiling showlists. The CME Feeder Cattle Index rose another $5.63, highlighting a mixed but generally weaker tone in cattle futures.
Live cattle futures fell $2.65 to $4.925 at Monday’s close, while feeder cattle futures declined $2.37 to $3.52. Cash cattle trade was mainly $256-$258 last week, and early-week activity is limited to compiling showlists. The CME Feeder Cattle Index rose another $5.63, highlighting a mixed but generally weaker tone in cattle futures.
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moderately negative
Sentiment Score
-0.35
