Live cattle futures fell $0.97 to $2.67 across most contracts on Friday, with August down $10.77 last week. Cash prices eased to $238-240 in the North and $237-238 in the South, while feeder cattle futures were also weaker, down 65 cents to $2.20 (August). Overall, the report signals continued softness in both futures and cash markets.
Live cattle futures fell $0.97 to $2.67 across most contracts on Friday, with August down $10.77 last week. Cash prices eased to $238-240 in the North and $237-238 in the South, while feeder cattle futures were also weaker, down 65 cents to $2.20 (August). Overall, the report signals continued softness in both futures and cash markets.
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mildly negative
Sentiment Score
-0.25
