Live cattle futures closed Tuesday up $1.05 to $2.90 across the board, with open interest rising 2,043 contracts. Cash cattle trade last week was mostly $246-$249 in the South and near $249-$250 in the North, with some cleanup trade at $248 in Kansas on Monday. The tone is mildly positive for cattle prices, though the update is primarily a market recap rather than a major fundamental shift.
Live cattle futures closed Tuesday up $1.05 to $2.90 across the board, with open interest rising 2,043 contracts. Cash cattle trade last week was mostly $246-$249 in the South and near $249-$250 in the North, with some cleanup trade at $248 in Kansas on Monday. The tone is mildly positive for cattle prices, though the update is primarily a market recap rather than a major fundamental shift.
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mildly positive
Sentiment Score
0.25
