Live cattle futures were down 35 cents to $1.40 on Wednesday, while April contracts were up a nickel. Cash trade remained quiet, with a few $248 sales in the South after last week's $246-$249 range, and there were 3 April live cattle deliveries in Dodge City. The article points to modest weakness in the nearby futures market and a muted cash trade backdrop.
Live cattle futures were down 35 cents to $1.40 on Wednesday, while April contracts were up a nickel. Cash trade remained quiet, with a few $248 sales in the South after last week's $246-$249 range, and there were 3 April live cattle deliveries in Dodge City. The article points to modest weakness in the nearby futures market and a muted cash trade backdrop.
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mildly negative
Sentiment Score
-0.15
