Live cattle futures fell 45 cents to $1.07 in the nearby contracts, while deferred months rose 17 to 45 cents, indicating a mixed curve. Open interest dropped by 5,133 contracts on Tuesday, and last week's cash trade held at $260 to $265 nationwide. The update is mostly technical and positioning-driven, with limited broader market impact.
Live cattle futures fell 45 cents to $1.07 in the nearby contracts, while deferred months rose 17 to 45 cents, indicating a mixed curve. Open interest dropped by 5,133 contracts on Tuesday, and last week's cash trade held at $260 to $265 nationwide. The update is mostly technical and positioning-driven, with limited broader market impact.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15
