Live cattle futures fell $1.80 to $2.47 at the close. Cash prices opened Thursday at $247–248 nationwide, down $7–8 from last week. On the Thursday Fed Cattle Exchange auction, there were no sales on 1,356 head, with bids below current levels (incomplete in the excerpt), reinforcing near-term price weakness.
Live cattle futures fell $1.80 to $2.47 at the close. Cash prices opened Thursday at $247–248 nationwide, down $7–8 from last week. On the Thursday Fed Cattle Exchange auction, there were no sales on 1,356 head, with bids below current levels (incomplete in the excerpt), reinforcing near-term price weakness.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25
