Live cattle futures are steady to $2.25 lower in front months, while feeder cattle futures are down $3.50 to $3.90, with May the lone exception up 97 cents. Cash cattle traded last week at $256-260, including $256-258 in the South and $258-260 in the North. The tone is modestly bearish for cattle futures, though the move appears routine rather than news-driven.
Live cattle futures are steady to $2.25 lower in front months, while feeder cattle futures are down $3.50 to $3.90, with May the lone exception up 97 cents. Cash cattle traded last week at $256-260, including $256-258 in the South and $258-260 in the North. The tone is modestly bearish for cattle futures, though the move appears routine rather than news-driven.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15
