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Market Impact: 0.35

Cattle Look to Friday, After Falling on Thursday

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & Flows

Live cattle futures pulled back Thursday, with contracts down $2.95 to $4.55 across the board. Cash activity firmed, with most trade around $235 live and $370 dressed (North) nationally. The Fed Cattle Exchange auction showed no sales on the 734 head offered, adding near-term caution for feedlots and processors.

Analysis

Live cattle futures pulled back Thursday, with contracts down $2.95 to $4.55 across the board. Cash activity firmed, with most trade around $235 live and $370 dressed (North) nationally. The Fed Cattle Exchange auction showed no sales on the 734 head offered, adding near-term caution for feedlots and processors.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25

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