Live cattle futures are up 27 to 95 cents, with cash trade from last week near $256-257 per cwt. Trading has been quiet early this week, though there were a few light $400 sales in Nebraska and the Wednesday Fed Cattle Exchange auction showed $256 sales on 307 head. The update points to firm underlying cattle prices with limited new volume so far.
Live cattle futures are up 27 to 95 cents, with cash trade from last week near $256-257 per cwt. Trading has been quiet early this week, though there were a few light $400 sales in Nebraska and the Wednesday Fed Cattle Exchange auction showed $256 sales on 307 head. The update points to firm underlying cattle prices with limited new volume so far.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.15
