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Market Impact: 0.18
Cattle Look to Wednesday Trade Following Firm Tuesday Action
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsFutures & OptionsMarket Technicals & Flows
Live cattle futures closed mixed Tuesday, with front-month contracts flat to 22 cents lower and deferred contracts 7 to 22 cents higher. Open interest increased by 4,207 contracts, while USDA-reported northern cash trade showed light activity around $350. The mixed curve and rising open interest indicate continued trader positioning rather than a clear directional cattle-market signal.
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