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Cattle Traders Look to Prep for a Three-Day Weekend

Commodities & Raw MaterialsCommodity FuturesMarket Technicals & Flows

Live cattle futures finished with mixed movement: August slipped 60 cents while other contracts were up 7 to 50 cents. Open interest fell by 251 contracts, suggesting a rotation of positions. Cash trading was limited, with a few sales around $403 dressed in the north on Wednesday.

Analysis

Live cattle futures finished with mixed movement: August slipped 60 cents while other contracts were up 7 to 50 cents. Open interest fell by 251 contracts, suggesting a rotation of positions. Cash trading was limited, with a few sales around $403 dressed in the north on Wednesday.

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