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Market Impact: 0.25

Cattle Rallying Out of the Weekend

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows

Live cattle futures are up $2.90 to $3.35 at midday, while feeder cattle futures are rallying $6.10 to $7.20. Cash trade last week settled at $234–$236 live and about $372 dressed. The CME Feeder Cattle Index fell $2.62 to $358.35 on March, indicating mixed underlying index pressure despite front-month futures strength.

Analysis

Live cattle futures are up $2.90 to $3.35 at midday, while feeder cattle futures are rallying $6.10 to $7.20. Cash trade last week settled at $234–$236 live and about $372 dressed. The CME Feeder Cattle Index fell $2.62 to $358.35 on March, indicating mixed underlying index pressure despite front-month futures strength.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.25