Live cattle futures are up 55 cents to $1.05 in the front months, with cash trade centered around $246 across the country. The Thursday morning Fed Cattle Exchange showed $246-$247 sales on 334 of 1,226 head offered, indicating solid near-term price support. Feeder cattle futures are also higher, reinforcing a firm tone across the cattle complex.
Live cattle futures are up 55 cents to $1.05 in the front months, with cash trade centered around $246 across the country. The Thursday morning Fed Cattle Exchange showed $246-$247 sales on 334 of 1,226 head offered, indicating solid near-term price support. Feeder cattle futures are also higher, reinforcing a firm tone across the cattle complex.
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mildly positive
Sentiment Score
0.15
