Live cattle futures declined 45-55 cents at midday, while cash trade was light with a few $234 sales. The Wednesday Fed Cattle Exchange online auction registered zero sales on 1,024 head offered, with bids at $233-235 live and $368 in the beef, signaling weak demand and continued downside pressure on cattle prices.
Live cattle futures declined 45-55 cents at midday, while cash trade was light with a few $234 sales. The Wednesday Fed Cattle Exchange online auction registered zero sales on 1,024 head offered, with bids at $233-235 live and $368 in the beef, signaling weak demand and continued downside pressure on cattle prices.
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Request a DemoOverall Sentiment
mildly negative
Sentiment Score
-0.30
