Live cattle futures rallied, up roughly $3.45 to $3.95 on the session. Cash trade was light with a few $234–235 sales and Friday bids at $235. At the Thursday Fed Cattle Exchange online auction, only 40 head sold of 1,024 offered at $370 dressed, indicating thin cash/auction liquidity despite the futures move.
Live cattle futures rallied, up roughly $3.45 to $3.95 on the session. Cash trade was light with a few $234–235 sales and Friday bids at $235. At the Thursday Fed Cattle Exchange online auction, only 40 head sold of 1,024 offered at $370 dressed, indicating thin cash/auction liquidity despite the futures move.
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mixed
Sentiment Score
0.10
