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Market Impact: 0.3

Cattle Falling on Thursday, with Wholesale Beef Weakness

Commodities & Raw MaterialsCommodity Futures

Live cattle futures are down $1.45 to $2.00 so far on Thursday. Cash activity includes a few sales of $403 dressed (north) and live trade at $255-256, with southern trade starting around $255 as feeder futures are $1.585 to $1.70 lower across the nearby contracts.

Analysis

Live cattle futures are down $1.45 to $2.00 so far on Thursday. Cash activity includes a few sales of $403 dressed (north) and live trade at $255-256, with southern trade starting around $255 as feeder futures are $1.585 to $1.70 lower across the nearby contracts.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25

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