Live cattle futures finished $1.20 to $2.05 higher across the board on Friday, with June up $5 on the week as cash cattle prices supported the market. Open interest increased by 3,445 contracts, suggesting fresh participation in the rally. Cash trade was mostly $260-265 in the South last week, with northern trade also referenced as a key driver.
Live cattle futures finished $1.20 to $2.05 higher across the board on Friday, with June up $5 on the week as cash cattle prices supported the market. Open interest increased by 3,445 contracts, suggesting fresh participation in the rally. Cash trade was mostly $260-265 in the South last week, with northern trade also referenced as a key driver.
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mildly positive
Sentiment Score
0.35
