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Market Impact: 0.25

Cattle Look to Close Out the Week Following Thursday Bounce

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows

Live cattle futures rose 22 cents to $1.05 on the session, supported by cash cattle trade centered around $246 nationwide. The Thursday morning Fed Cattle Exchange showed $246-$247 sales on 334 of 1,226 head offered, reinforcing firm cattle pricing. Feeder cattle futures were also higher, indicating continued strength across the cattle complex.

Analysis

Live cattle futures rose 22 cents to $1.05 on the session, supported by cash cattle trade centered around $246 nationwide. The Thursday morning Fed Cattle Exchange showed $246-$247 sales on 334 of 1,226 head offered, reinforcing firm cattle pricing. Feeder cattle futures were also higher, indicating continued strength across the cattle complex.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.20