Live cattle futures are up $4 to $5.30 in the front months, supported by firm cash trade with some $260 sales in the South early this week. The Wednesday Fed Cattle Exchange auction cleared 552 of 1,104 head offered at $260-$261.50, indicating steady underlying demand. Feeder cattle futures are also higher, reinforcing a constructive tone across the cattle complex.
Live cattle futures are up $4 to $5.30 in the front months, supported by firm cash trade with some $260 sales in the South early this week. The Wednesday Fed Cattle Exchange auction cleared 552 of 1,104 head offered at $260-$261.50, indicating steady underlying demand. Feeder cattle futures are also higher, reinforcing a constructive tone across the cattle complex.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.35
