Live cattle futures closed Friday down 22 to 87 cents after recovering from session lows, with April off $1.82 for the week. Open interest fell by 4,383 contracts, while cash cattle trade improved to $248 across the country, with prices higher in the South. The action points to near-term weakness in futures despite firmer cash fundamentals.
Live cattle futures closed Friday down 22 to 87 cents after recovering from session lows, with April off $1.82 for the week. Open interest fell by 4,383 contracts, while cash cattle trade improved to $248 across the country, with prices higher in the South. The action points to near-term weakness in futures despite firmer cash fundamentals.
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25
