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Market Impact: 0.22

Cattle Rally on Monday

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows

Live cattle futures rose $2.12 to $3.72 at Monday’s close, while feeder cattle futures rallied $2.95 to $6.55. Cash cattle trade last week centered around $246 nationwide, with a few late sales at $248, indicating firm underlying demand. The CME Feeder Cattle Index was also higher, reinforcing the bullish tone across the cattle complex.

Analysis

Live cattle futures rose $2.12 to $3.72 at Monday’s close, while feeder cattle futures rallied $2.95 to $6.55. Cash cattle trade last week centered around $246 nationwide, with a few late sales at $248, indicating firm underlying demand. The CME Feeder Cattle Index was also higher, reinforcing the bullish tone across the cattle complex.

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Market Sentiment

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mildly positive

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