The trading session has been on the quieter side in both grains and livestock. The live cattle market is trending mostly higher once again, backed by continued long-term bullish sentiment. A few nearby contracts are taking a breather, trading slightly lower—but that looks more like a brief pause than a change in direction. Traders appear to be waiting for a fundamental signal to keep pushing higher, and that could come in the form of stronger cash cattle sales.
Kyle Bumsted shares his thoughts on todays Market Wrap Up
