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Market Impact: 0.16

Cattle Look to Thursday Following Mixed Wednesday Trade

Commodity FuturesFutures & OptionsMarket Technicals & FlowsInvestor Sentiment & Positioning

Live cattle futures were mixed on Wednesday, trading 22 cents lower to 55 cents higher, while open interest rose 2,065 contracts. Cash trade from last week settled near $256-$257, and this week's activity has been quiet aside from a few light sales around $400. The update is mostly technical and flow-driven, with limited immediate market impact.

Analysis

Live cattle futures were mixed on Wednesday, trading 22 cents lower to 55 cents higher, while open interest rose 2,065 contracts. Cash trade from last week settled near $256-$257, and this week's activity has been quiet aside from a few light sales around $400. The update is mostly technical and flow-driven, with limited immediate market impact.

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Market Sentiment

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