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Market Impact: 0.18

Cattle Facing Friday Weakness

Commodities & Raw MaterialsCommodity FuturesMarket Technicals & FlowsInvestor Sentiment & Positioning

Live cattle are down 35 cents to $1.20 at midday, with cash trade only lightly active at $260 live and $408 dressed in the North. The Friday morning Fed Cattle Exchange online auction drew no sales on 1,636 head, while bids were seen at $255, pointing to softer near-term pricing pressure.

Analysis

Live cattle are down 35 cents to $1.20 at midday, with cash trade only lightly active at $260 live and $408 dressed in the North. The Friday morning Fed Cattle Exchange online auction drew no sales on 1,636 head, while bids were seen at $255, pointing to softer near-term pricing pressure.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15

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