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Market Impact: 0.2

Cattle Look to Thursday After Wednesday Losses

Commodity FuturesFutures & OptionsMarket Technicals & FlowsInvestor Sentiment & PositioningCommodities & Raw Materials

Live cattle futures fell 35 cents to $1.40 on Wednesday, though April was up a nickel. Open interest dropped 4,944 contracts, signaling new selling interest, and there were 3 deliveries for April live cattle in Dodge City. Cash trade remained quiet, adding to a slightly bearish tone for the contract.

Analysis

Live cattle futures fell 35 cents to $1.40 on Wednesday, though April was up a nickel. Open interest dropped 4,944 contracts, signaling new selling interest, and there were 3 deliveries for April live cattle in Dodge City. Cash trade remained quiet, adding to a slightly bearish tone for the contract.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.20