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Market Impact: 0.15

Cattle Fall Lower on Tuesday

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & FlowsDerivatives & VolatilityInvestor Sentiment & Positioning

Front-month April live cattle futures settled up $0.17 while other contracts fell between $0.50 and $1.22. There were no April deliveries issued on Tuesday and cash trade has not started this week; last week's cattle cash sales were reported at $245–$246. Feeder cattle futures were down about $3, indicating modest weakness in the feeder market.

Analysis

Front-month April live cattle futures settled up $0.17 while other contracts fell between $0.50 and $1.22. There were no April deliveries issued on Tuesday and cash trade has not started this week; last week's cattle cash sales were reported at $245–$246. Feeder cattle futures were down about $3, indicating modest weakness in the feeder market.

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