Live cattle futures fell $1.52 to $2.52 on Tuesday, while feeder cattle futures lost $2.20 to $2.55. Cash trade has been quiet, with only a few light sales around $246 in Kansas and no established trend yet. The move points to near-term pressure in cattle markets, but the article is mostly a routine price update.
Live cattle futures fell $1.52 to $2.52 on Tuesday, while feeder cattle futures lost $2.20 to $2.55. Cash trade has been quiet, with only a few light sales around $246 in Kansas and no established trend yet. The move points to near-term pressure in cattle markets, but the article is mostly a routine price update.
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mildly negative
Sentiment Score
-0.30