Live cattle futures are up 92 cents to $2.27, while feeder cattle futures are rallying $4 to $5 in a Turnaround Tuesday bounce. Cash trade last week settled near $256-$257, and activity has been quiet so far this week. The update is supportive for cattle prices but is mainly a near-term futures move rather than a broader market event.
Live cattle futures are up 92 cents to $2.27, while feeder cattle futures are rallying $4 to $5 in a Turnaround Tuesday bounce. Cash trade last week settled near $256-$257, and activity has been quiet so far this week. The update is supportive for cattle prices but is mainly a near-term futures move rather than a broader market event.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.25
