Live cattle futures rose $1.47 to $2.92 across the board on Tuesday, while feeder cattle futures climbed $4.25 to $5.70 in a bounce. Cash cattle trade from last week settled near $256-$257, with only light sales at $400 in Nebraska so far this week. The tone is firmer for cattle futures, but the update is largely a routine market move rather than a major catalyst.
Live cattle futures rose $1.47 to $2.92 across the board on Tuesday, while feeder cattle futures climbed $4.25 to $5.70 in a bounce. Cash cattle trade from last week settled near $256-$257, with only light sales at $400 in Nebraska so far this week. The tone is firmer for cattle futures, but the update is largely a routine market move rather than a major catalyst.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.35
