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Market Impact: 0.28

Cattle Falling on Monday

Commodity FuturesFutures & OptionsMarket Technicals & FlowsCommodities & Raw Materials

Live cattle futures are down $2.50 to $3, with the June contract slipping 60 cents ahead of Tuesday expiration. Cash cattle trade improved late Friday at $260 live and $408-$410 dressed in the North, while Southern sales were reported at $258. Feeder cattle futures are also weaker, down $3, indicating broad pressure across the cattle complex.

Analysis

Live cattle futures are down $2.50 to $3, with the June contract slipping 60 cents ahead of Tuesday expiration. Cash cattle trade improved late Friday at $260 live and $408-$410 dressed in the North, while Southern sales were reported at $258. Feeder cattle futures are also weaker, down $3, indicating broad pressure across the cattle complex.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.35

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