Live cattle futures are down $2.47 to $3.12 at the start of Monday trading, while feeder cattle futures are falling $6.07 to $7.50 at midday. Cash cattle trade from last week firmed from $250-252 initially to $256-257, and the CME Feeder Cattle Index rose $1.56 to $374.03. The article points to soft futures action despite stronger cash and index levels.
Live cattle futures are down $2.47 to $3.12 at the start of Monday trading, while feeder cattle futures are falling $6.07 to $7.50 at midday. Cash cattle trade from last week firmed from $250-252 initially to $256-257, and the CME Feeder Cattle Index rose $1.56 to $374.03. The article points to soft futures action despite stronger cash and index levels.
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mildly negative
Sentiment Score
-0.35
