Live cattle futures fell $3.35–$4.25 at midday, while feeder cattle futures dropped $4.47–$5.50. The CME Feeder Cattle Index declined $1.47 to $367.32 on March 5, and cash trade last week settled around $240 across most of the country. This represents a modest downward move in cattle markets, likely of limited broader market impact.
Live cattle futures fell $3.35–$4.25 at midday, while feeder cattle futures dropped $4.47–$5.50. The CME Feeder Cattle Index declined $1.47 to $367.32 on March 5, and cash trade last week settled around $240 across most of the country. This represents a modest downward move in cattle markets, likely of limited broader market impact.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.20
