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Market Impact: 0.25

Cattle Fall Lower on Tuesday

Source: Nasdaq

Commodities & Raw MaterialsCommodity FuturesMarket Technicals & Flows

Live cattle futures ended the day down 60 cents to $1.55, while feeder cattle futures closed $1.10 to $1.97 lower. Cash trade in the prior week was mostly $220-222 late across the country, with no reports yet for this week. The CME Feeder Cattle Index fell another 17 (units not specified in the excerpt), signaling continued weakness in the complex.

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mildly negative

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