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Market Impact: 0.22

Cattle Close Higher on Thursday

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows

Live cattle futures gained 22 cents to $1.05 on the Thursday session, while cash cattle trade has centered around $246 nationwide. The Thursday morning Fed Cattle Exchange showed $246-$247 sales on 334 of 1,226 head offered, indicating steady pricing in the cattle market. Feeder cattle futures were also higher, reinforcing a firmer tone across livestock contracts.

Analysis

Live cattle futures gained 22 cents to $1.05 on the Thursday session, while cash cattle trade has centered around $246 nationwide. The Thursday morning Fed Cattle Exchange showed $246-$247 sales on 334 of 1,226 head offered, indicating steady pricing in the cattle market. Feeder cattle futures were also higher, reinforcing a firmer tone across livestock contracts.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.15