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Market Impact: 0.25

Cattle Close Mixed, with Feeders Leading the Charge Higher

Commodities & Raw MaterialsEnergy Markets & PricesFutures & OptionsEconomic Data

Live cattle futures closed Wednesday with contracts 35 to 85 cents lower, signaling soft momentum into the end of the session. The Wednesday Fed Cattle Exchange auction cleared no sales on 1,356 head, with bids at $245, while early-week cash activity remained slow with little trade.

Analysis

Live cattle futures closed Wednesday with contracts 35 to 85 cents lower, signaling soft momentum into the end of the session. The Wednesday Fed Cattle Exchange auction cleared no sales on 1,356 head, with bids at $245, while early-week cash activity remained slow with little trade.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15