Live cattle futures rallied $2.55 to $4.80 on Thursday as cash cattle trade edged higher to $256-$257 for the week. Beef sales were reported at $403-$407, and the Thursday Fed Cattle Exchange cleared 284 of 1,116 head at $256.50, signaling firmer pricing in both cash and futures markets.
Live cattle futures rallied $2.55 to $4.80 on Thursday as cash cattle trade edged higher to $256-$257 for the week. Beef sales were reported at $403-$407, and the Thursday Fed Cattle Exchange cleared 284 of 1,116 head at $256.50, signaling firmer pricing in both cash and futures markets.
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Request DemoOverall Sentiment
moderately positive
Sentiment Score
0.55
