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Market Impact: 0.25

Cattle Rallying on Tuesday

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows

Live cattle futures are up $1.95 to $2.80 across most contracts, while feeder cattle futures are $1.45 to $2.40 higher in the front months. Cash cattle trade last week cleared at $246-$249 in the South and around $249-$250 in the North, with additional cleanup business at $248 in Kansas. The update points to firmer cattle prices and supportive short-term market tone.

Analysis

Live cattle futures are up $1.95 to $2.80 across most contracts, while feeder cattle futures are $1.45 to $2.40 higher in the front months. Cash cattle trade last week cleared at $246-$249 in the South and around $249-$250 in the North, with additional cleanup business at $248 in Kansas. The update points to firmer cattle prices and supportive short-term market tone.

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Market Sentiment

Overall Sentiment

moderately positive

Sentiment Score

0.35