Live cattle futures fell 52 cents to $1.67 on the session, with preliminary open interest down 1,627 contracts. Cash trade has been thin, with bids around $253 versus last week’s $260 to $265 range across the country. The weaker futures tone and softer bid levels point to near-term pressure in the cattle market.
Live cattle futures fell 52 cents to $1.67 on the session, with preliminary open interest down 1,627 contracts. Cash trade has been thin, with bids around $253 versus last week’s $260 to $265 range across the country. The weaker futures tone and softer bid levels point to near-term pressure in the cattle market.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.20
