Live cattle futures slid $1.72–$1.90 midday while feeder cattle futures fell about $2.12. The Fed Cattle Exchange online auction showed no sales on 1,026 head offered, with bids at $232–235, and cash trade has been quiet this week. Thin liquidity and failed auction interest signal near-term downside risk and potential for amplified volatility in cattle futures.
Live cattle futures slid $1.72–$1.90 midday while feeder cattle futures fell about $2.12. The Fed Cattle Exchange online auction showed no sales on 1,026 head offered, with bids at $232–235, and cash trade has been quiet this week. Thin liquidity and failed auction interest signal near-term downside risk and potential for amplified volatility in cattle futures.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.30
