Live cattle futures are up 65 cents to $1.80 at midday, while feeder cattle futures are higher by $3.30 to $3.50 in the front months. Cash cattle trade improved last week to $255-258 nationwide, and the CME Feeder Cattle Index rose $3.77 on May 28 to $373.40. The tone is constructive for cattle markets, with firmer cash prices and stronger nearby futures supporting sentiment.
Live cattle futures are up 65 cents to $1.80 at midday, while feeder cattle futures are higher by $3.30 to $3.50 in the front months. Cash cattle trade improved last week to $255-258 nationwide, and the CME Feeder Cattle Index rose $3.77 on May 28 to $373.40. The tone is constructive for cattle markets, with firmer cash prices and stronger nearby futures supporting sentiment.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.25
