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Cattle Look to Wednesday Trade

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & Flows

Front-month April live cattle futures settled up $0.17 while other contracts fell roughly $0.50–$1.22. No deliveries were issued for April on Tuesday and cash trade has yet to start this week; last week's cash sales were reported at $245–$246. Feeder cattle futures were down about $3.

Analysis

Front-month April live cattle futures settled up $0.17 while other contracts fell roughly $0.50–$1.22. No deliveries were issued for April on Tuesday and cash trade has yet to start this week; last week's cash sales were reported at $245–$246. Feeder cattle futures were down about $3.

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