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Market Impact: 0.25

Cattle Fall on Tuesday as Beef Slide Continues

Energy Markets & PricesCommodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & Flows

Live cattle futures stayed weak on Tuesday, with contracts down $1.60 to $3.30 by the close. Cash trade had not yet started, showing limited northern bids at $380 dressed versus prior sales of $390–$393 last week, where live action averaged $247–$248 nationwide.

Analysis

Live cattle futures stayed weak on Tuesday, with contracts down $1.60 to $3.30 by the close. Cash trade had not yet started, showing limited northern bids at $380 dressed versus prior sales of $390–$393 last week, where live action averaged $247–$248 nationwide.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.35