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Market Impact: 0.2

Cattle Extending Losses to Tuesday

Commodities & Raw MaterialsCommodity FuturesMarket Technicals & Flows

Live cattle futures are lower across most contracts, down about 75 cents to $1.30 on Tuesday. Cash trade was quiet Monday, with last week’s northern sales at roughly $260 live and $408–$410 dressed, and a few southern sales around $258.

Analysis

Live cattle futures are lower across most contracts, down about 75 cents to $1.30 on Tuesday. Cash trade was quiet Monday, with last week’s northern sales at roughly $260 live and $408–$410 dressed, and a few southern sales around $258.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25

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