Live cattle futures are up 90 cents to $1.37 on Thursday, indicating a modestly supportive tone in the market. There were no deliveries against June futures on Wednesday, and cash trade has been very light so far, with only some $402 dressed trade reported in the North. The update is largely price and flow-driven, with limited volume and no major fundamental shock.
Live cattle futures are up 90 cents to $1.37 on Thursday, indicating a modestly supportive tone in the market. There were no deliveries against June futures on Wednesday, and cash trade has been very light so far, with only some $402 dressed trade reported in the North. The update is largely price and flow-driven, with limited volume and no major fundamental shock.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.25
