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Market Impact: 0.22
Cattle Traders Look to React to Bullish USDA Data
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsMarket Technicals & Flows
Live cattle futures were mixed Friday, ranging from a 52-cent decline to a 37-cent gain, while the October contract fell $3.75 for the week. Open interest increased by 1,681 contracts, and northern cash cattle traded at $350-355 dressed, with limited live sales at $222-223. The weekly October decline signals modest near-term pressure despite stable cash-market activity.
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