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Market Impact: 0.2

Cattle Posting Midday Gains

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows

Live cattle futures are trading $1.30 to $1.55 higher at midday, while feeder cattle futures are up $1.15 to $3.42. Cash cattle trade has printed around $260 in the South, with Northern dressed trade at $408-$415 and live trade at $265. The report points to firmer cattle prices and supportive cash market levels, but the impact appears limited to the livestock futures complex.

Analysis

Live cattle futures are trading $1.30 to $1.55 higher at midday, while feeder cattle futures are up $1.15 to $3.42. Cash cattle trade has printed around $260 in the South, with Northern dressed trade at $408-$415 and live trade at $265. The report points to firmer cattle prices and supportive cash market levels, but the impact appears limited to the livestock futures complex.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.25