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Cattle Look to Wednesday After Tuesday Rally

Commodity FuturesCommodities & Raw MaterialsFutures & OptionsMarket Technicals & FlowsDerivatives & VolatilityInvestor Sentiment & Positioning

Live cattle futures rose $1.582 to $3.47 on Tuesday, led by front-month contracts, with open interest up 5,500 contracts concentrated in June and August. Cash trade has not yet begun this week; last week's reported cash sales were $234-235 with a late $238 print.

Analysis

Live cattle futures rose $1.582 to $3.47 on Tuesday, led by front-month contracts, with open interest up 5,500 contracts concentrated in June and August. Cash trade has not yet begun this week; last week's reported cash sales were $234-235 with a late $238 print.

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