# Market Wrap-Up: August 25, 2021 | Western Livestock Journal

> Live cattle futures fell sharply after a huge rally, with August down $1.37 and October down $1.40 as the market corrected from overstretched levels. Cash trade was light, with dressed steers at $200-208, and open interest rose about 19,000 contracts over two sessions.

- Date: 2021-08-24 · published 2021-08-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10055-market-wrap-up-august-25-2021-western-livestock-journal
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

A correction after a rally signals profit-taking rather than a change in fundamentals, so cattle price direction remains uncertain for feeder buyers.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- wlj.net: https://www.wlj.net/market-wrap-up-august-24-2021/
- wlj.net: https://www.wlj.net/market-wrap-up-august-25-2021/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.