Live cattle futures fell $1.52 to $2.52 on Tuesday, while open interest slipped 1,458 contracts, signaling softer positioning. Cash trade remains quiet, with only a few light sales around $246 in Kansas and no clear trend established yet. Feeder cattle futures were also lower by $2.20 to $2.55, reinforcing the bearish tone across the cattle complex.
Live cattle futures fell $1.52 to $2.52 on Tuesday, while open interest slipped 1,458 contracts, signaling softer positioning. Cash trade remains quiet, with only a few light sales around $246 in Kansas and no clear trend established yet. Feeder cattle futures were also lower by $2.20 to $2.55, reinforcing the bearish tone across the cattle complex.
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mildly negative
Sentiment Score
-0.25
