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Market Impact: 0.2

Cattle Look to New Week After Hitting New Highs

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows

Live cattle futures closed 27 cents to $2 higher, with April up $5.57 for the week. Cash cattle trade was light but firm at $246 in the South and near $250 in the North, supporting the move. Feeder cattle futures also posted gains, pointing to continued strength in the livestock complex.

Analysis

Live cattle futures closed 27 cents to $2 higher, with April up $5.57 for the week. Cash cattle trade was light but firm at $246 in the South and near $250 in the North, supporting the move. Feeder cattle futures also posted gains, pointing to continued strength in the livestock complex.

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Market Sentiment

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mildly positive

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