Cattle Look to Tuesday as Beef Falls on Monday

Live cattle futures settled mixed, with contracts down 47 cents to up 12 cents, while feeder cattle finished 20 to 90 cents lower. Cash trade in the U.S. was $247–$248, down $7–$8 versus last week, suggesting weakening physical pricing. Open interest rose by 1,794 contracts, indicating increased positioning into the next session.

Analysis

Live cattle futures settled mixed, with contracts down 47 cents to up 12 cents, while feeder cattle finished 20 to 90 cents lower. Cash trade in the U.S. was $247–$248, down $7–$8 versus last week, suggesting weakening physical pricing. Open interest rose by 1,794 contracts, indicating increased positioning into the next session.