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Market Impact: 0.22

Cattle Faces Monday Weakness

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows

Live cattle futures were weaker, with the soon-to-expire June contract down 5 cents and other months falling $1.22 to $2.25. Cash cattle trade was quiet on Monday, with last week's northern sales at $260 live and $408-$410 dressed, and a few southern sales at $258. The article signals soft price action and sluggish cash activity, but the market impact appears limited.

Analysis

Live cattle futures were weaker, with the soon-to-expire June contract down 5 cents and other months falling $1.22 to $2.25. Cash cattle trade was quiet on Monday, with last week's northern sales at $260 live and $408-$410 dressed, and a few southern sales at $258. The article signals soft price action and sluggish cash activity, but the market impact appears limited.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25

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