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Cattle Rally on Thursday, as Cash Strength Takes Control

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & Flows

Live cattle futures rose $0.65 to $2.15 on Thursday, with the April contract up $7.70 on the week. Cash trade strengthened to $245 across the country, up $10 from last week. The Fed Cattle exchange reported no Thursday morning sales, indicating limited negotiated volume despite stronger prices.

Analysis

Live cattle futures rose $0.65 to $2.15 on Thursday, with the April contract up $7.70 on the week. Cash trade strengthened to $245 across the country, up $10 from last week. The Fed Cattle exchange reported no Thursday morning sales, indicating limited negotiated volume despite stronger prices.

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