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Market Impact: 0.25

Cattle Facing Tuesday Weakness

Energy Markets & PricesCommodities & Raw Materials

Live cattle futures were lower by about $1.02 to $1.30 at midday. Cash traded at $403 dressed in the north, with live trade at roughly $255-256 and southern trade also at $255. Feeder cattle futures were mixed, ending down $1.27 with the CME Feeder Cattle Index off $1.52.

Analysis

Live cattle futures were lower by about $1.02 to $1.30 at midday. Cash traded at $403 dressed in the north, with live trade at roughly $255-256 and southern trade also at $255. Feeder cattle futures were mixed, ending down $1.27 with the CME Feeder Cattle Index off $1.52.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25

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