Cattle Close Mixed, with Feeder Bulls Taking Control

Live cattle futures were mixed on Wednesday, with June up 42 cents while the rest of the board fell 15 to 75 cents. The fed cattle online auction recorded no sales on 1,466 head offered, though one lot bid was posted at $400 dressed. Feeder cattle futures also saw late strength, but the article provides limited detail beyond intraday price action.

Analysis

Live cattle futures were mixed on Wednesday, with June up 42 cents while the rest of the board fell 15 to 75 cents. The fed cattle online auction recorded no sales on 1,466 head offered, though one lot bid was posted at $400 dressed. Feeder cattle futures also saw late strength, but the article provides limited detail beyond intraday price action.