Live cattle futures are down $3.60 to $4.475 and feeder cattle futures are down $3.22 to $3.40 on Monday, signaling broad weakness in cattle contracts. Cash cattle traded mainly at $256-$258 last week, while the CME Feeder Cattle Index rose $2.17 to $361.38 on June 4, highlighting mixed signals between futures and cash/spot pricing.
Live cattle futures are down $3.60 to $4.475 and feeder cattle futures are down $3.22 to $3.40 on Monday, signaling broad weakness in cattle contracts. Cash cattle traded mainly at $256-$258 last week, while the CME Feeder Cattle Index rose $2.17 to $361.38 on June 4, highlighting mixed signals between futures and cash/spot pricing.
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mildly negative
Sentiment Score
-0.30
