Live cattle futures rose 75 cents to $3 across the board, while feeder cattle futures rallied $4.12 to $5.30 on Monday. The gains were supported by a stronger equity market after the weekend US-Iran deal, with cash cattle trade mostly steady at $255-$258 last week. The move reflects spillover risk-on sentiment rather than a fundamental shift in cattle supply-demand.
Live cattle futures rose 75 cents to $3 across the board, while feeder cattle futures rallied $4.12 to $5.30 on Monday. The gains were supported by a stronger equity market after the weekend US-Iran deal, with cash cattle trade mostly steady at $255-$258 last week. The move reflects spillover risk-on sentiment rather than a fundamental shift in cattle supply-demand.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.35
