Live cattle futures rose 77 cents to $1.125 at the close, even as August was 7 cents lower. Cash trade reportedly improved to $355–$360 dressed and $226 (up a few), indicating firmer underlying market pricing. However, the Thursday Fed Cattle Exchange auction saw no sales on 1,520 head offered, with bids around $223, suggesting some near-term price resistance despite the futures strength.
Live cattle futures rose 77 cents to $1.125 at the close, even as August was 7 cents lower. Cash trade reportedly improved to $355–$360 dressed and $226 (up a few), indicating firmer underlying market pricing. However, the Thursday Fed Cattle Exchange auction saw no sales on 1,520 head offered, with bids around $223, suggesting some near-term price resistance despite the futures strength.
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.15
