Live cattle futures are mixed, with contracts up 22 cents to 85 cents lower. Cash cattle trade this week has been $260 to $265 per head nationwide, while the Friday Fed Cattle Exchange cleared only 104 of 652 head at $259, with bids for the balance at $258. The data point to a steady but slightly softer cattle market rather than a major directional shift.
Live cattle futures are mixed, with contracts up 22 cents to 85 cents lower. Cash cattle trade this week has been $260 to $265 per head nationwide, while the Friday Fed Cattle Exchange cleared only 104 of 652 head at $259, with bids for the balance at $258. The data point to a steady but slightly softer cattle market rather than a major directional shift.
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neutral
Sentiment Score
-0.10
