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Barchart
Jim Wyckoff

Cattle Prices Are Trapped in Downtrends as Energy Prices Spike on U.S.-Iran Volatility

CME USDA

August live cattle (LEQ26) futures on Friday fell $0.05 to $235.20 after hitting a 3.5-month low early in that session. For the week, prices were down $3.90. August feeder cattle (GFQ26) futures lost $1.55 to $354.60 and for the week were down $5.775. August lean hog futures on Friday rose $0.85 to $99.00 and for the week were up 25 cents.

Live Cattle Futures Markets Trapped in Price Downtrends

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