Live cattle futures closed up $1.17 to $1.92 on Thursday, signaling firmer trade in the contract. Open interest rose by 2,405 contracts, while cash trade remained quiet with bids reported at $253 in the South and $260 in the North. The update is largely tactical for the cattle complex rather than a broad market-moving event.
Live cattle futures closed up $1.17 to $1.92 on Thursday, signaling firmer trade in the contract. Open interest rose by 2,405 contracts, while cash trade remained quiet with bids reported at $253 in the South and $260 in the North. The update is largely tactical for the cattle complex rather than a broad market-moving event.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.15
