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Market Impact: 0.22
Cattle Rallying on Monday
Source: Nasdaq
Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & Flows
Live cattle futures gained $2.25-$2.85 at midday, while front-month feeder cattle futures rose $4.60-$5.65. Last week's cash cattle sales increased $1-$6 week over week to $222-$225, and the CME Feeder Cattle Index rose $2.26 on September 10, signaling firm underlying cattle-market pricing.
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