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Austin Schroeder at Barchart.com said, “Live cattle futures fell $3.35 to $5.95 lower into the Thursday close. Open interest was up 1,031 contracts, with June down 2,610 contracts and the rest of the board with rising OI. Cash trade has been limited so far this week with a few $260 sales in KS and $265 in the North. The Thursday Fed Cattle Exchange online auction showed no sales on the 652 head offered, with bids of $260.”
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Austin Schroeder at Barchart.com said, “Live cattle futures posted $1.20 to $2.05 higher trade across the board on Friday, with June holding u…
“(June live cattle $13 below cash) may limit any further pullback in June, but deferred months have been weaker and could react more negativel…
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