Live cattle futures rose $0.50–$0.75 on Monday, while feeder cattle futures gained $0.80–$1.55 intraday; the CME Feeder Cattle Index increased $1.37. Cash trade reported late sales at $235–$236 in the North and $235 in the South, indicating near-term firmness in cattle prices that may support short-term cattle/farming sector positioning.
Live cattle futures rose $0.50–$0.75 on Monday, while feeder cattle futures gained $0.80–$1.55 intraday; the CME Feeder Cattle Index increased $1.37. Cash trade reported late sales at $235–$236 in the North and $235 in the South, indicating near-term firmness in cattle prices that may support short-term cattle/farming sector positioning.
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mildly positive
Sentiment Score
0.20
