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Market Impact: 0.25

Cattle Trading with Mixed Action

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows

Nearby live cattle futures are trading down 15-25 cents. Cash trade has not started this week after last week's sales at $245-246, and the Central Stockyards Fed Cattle Exchange online auction received no bids on 970 head offered, signaling weak demand and downward pressure on prices.

Analysis

Nearby live cattle futures are trading down 15-25 cents. Cash trade has not started this week after last week's sales at $245-246, and the Central Stockyards Fed Cattle Exchange online auction received no bids on 970 head offered, signaling weak demand and downward pressure on prices.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.20