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Cattle Showing Mixed Trade on Friday

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & Flows

Live cattle futures traded steady, within 15 cents of unchanged. Cash trade prints included mostly $372 dressed and live sales at $235-236; the Fed Cattle Exchange online auction on Thursday showed $235-236 sales on 183 of 762 head. This is routine price/activity information for cattle markets with no clear directional shock to futures or cash markets.

Analysis

Live cattle futures traded steady, within 15 cents of unchanged. Cash trade prints included mostly $372 dressed and live sales at $235-236; the Fed Cattle Exchange online auction on Thursday showed $235-236 sales on 183 of 762 head. This is routine price/activity information for cattle markets with no clear directional shock to futures or cash markets.

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