Live cattle futures were up $0.97 to $2 across the front months by midday, while cash trade reportedly picked up a few at $355–$360. The Fed Cattle Exchange auction had no sales on 1,520 head offered, with bids at $223–$225. Overall, the move looks incremental and limited to near-term cattle pricing rather than a major market shock.
Live cattle futures were up $0.97 to $2 across the front months by midday, while cash trade reportedly picked up a few at $355–$360. The Fed Cattle Exchange auction had no sales on 1,520 head offered, with bids at $223–$225. Overall, the move looks incremental and limited to near-term cattle pricing rather than a major market shock.
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neutral
Sentiment Score
0.05
