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Market Impact: 0.25

Cattle Look to Friday, Following Thursday Pressure

Source: Nasdaq

Commodity FuturesCommodities & Raw Materials

Live cattle futures fell $2.80 to $3.95 across contracts on Thursday, while open interest declined by 368 contracts. Cash cattle traded at $350-$355 dressed in the North and $222-$223 live, with some $224 bids in the South, indicating softer futures-market sentiment despite active cash pricing.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.35

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