Live cattle futures settled mixed-to-lower, with contracts down 47 cents to up 12 cents, while cash trade averaged $247–$248 nationwide—down $7–$8 from last week. Feeder cattle futures closed 20 to 90 cents lower. The CME Feeder Cattle Index rose $2.10 (details incomplete in the excerpt), suggesting some offset versus the weaker futures and cash backdrop.
Live cattle futures settled mixed-to-lower, with contracts down 47 cents to up 12 cents, while cash trade averaged $247–$248 nationwide—down $7–$8 from last week. Feeder cattle futures closed 20 to 90 cents lower. The CME Feeder Cattle Index rose $2.10 (details incomplete in the excerpt), suggesting some offset versus the weaker futures and cash backdrop.
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mildly negative
Sentiment Score
-0.25
