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Market Impact: 0.25

Cattle Slip into the Lock Weekend, with Placements Coming in Below Estimates

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & FlowsInvestor Sentiment & Positioning

Live cattle futures fell 82 cents to $2.22 on Thursday, though August still shows a $5.45 gain for the week. The Fed Cattle online auction recorded no sales on 1,466 head offered, with bids at $254, while cash trade remains slow. The tone is cautious as weak near-term pricing and thin cash activity weigh on sentiment.

Analysis

Live cattle futures fell 82 cents to $2.22 on Thursday, though August still shows a $5.45 gain for the week. The Fed Cattle online auction recorded no sales on 1,466 head offered, with bids at $254, while cash trade remains slow. The tone is cautious as weak near-term pricing and thin cash activity weigh on sentiment.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15