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Market Impact: 0.2

Cattle Fade Back Lower into the Close

Commodity FuturesFutures & OptionsMarket Technicals & FlowsCommodities & Raw Materials

Live cattle futures fell 40 cents to $1.02 on Friday, leaving June down $7.77 on the week. Cash cattle trade started early at $250-$252 and improved to $256-$257 by Wednesday, but futures still ended weaker. Feeder cattle futures also posted losses, reinforcing a soft tone across the cattle complex.

Analysis

Live cattle futures fell 40 cents to $1.02 on Friday, leaving June down $7.77 on the week. Cash cattle trade started early at $250-$252 and improved to $256-$257 by Wednesday, but futures still ended weaker. Feeder cattle futures also posted losses, reinforcing a soft tone across the cattle complex.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25