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Market Impact: 0.2

Cattle Extends Rally to Wednesday

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

Live cattle futures rallied, gaining $0.40 to $1.07 on Wednesday. Cash trade has not begun this week; last week's reported cash sales were $234–235 and $238 in the southern region. The Fed Cattle exchange reported zero sales on the 1,016 head offered, indicating limited liquidity in that venue.

Analysis

Live cattle futures rallied, gaining $0.40 to $1.07 on Wednesday. Cash trade has not begun this week; last week's reported cash sales were $234–235 and $238 in the southern region. The Fed Cattle exchange reported zero sales on the 1,016 head offered, indicating limited liquidity in that venue.

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Market Sentiment

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