Cattle Futures - Live Cattle Flat-Higher
US - CME live cattle ended flat to higher on spot April maneuvering ahead of its expiration on Wednesday, June/August bull and August/October bear spreads and sharply higher CBOT corn.Live-basis fed cattle last week sold at $92 to $93 per hundredweight, which was $2 to $3 above the previous week's trade.
Also, some in the pit again tried to drive August and October to seasonal highs. On the other hand, a few players regarded August's and October's runups to fresh contract tops as a sell signal.
Source: FXSTREET