# Cattle futures extend rally - Brownfield Ag News

> Live cattle futures closed near session highs after a second day of gains, despite China's announced tariff on U.S. beef and Japan's beef tariff reset to 38.5%. Cash cattle trade was light, with asking prices near $120 live. Boxed beef was mixed.

- Date: 2018-04-05 · published 2018-04-05T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/10069-cattle-futures-extend-rally-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Tariffs on U.S. beef exports reduce foreign demand for beef, which pressures cattle values, but futures rallied on technical bounces. Market direction stays sensitive to whether China's tariff is actually implemented.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2018-04-04 | [Cattle futures shrug off China tariff news - Brownfield Ag News](https://feedsoft.ai/events/10068-cattle-futures-shrug-off-china-tariff-news-brownfield-ag-news.md) | -1.4% | -1.7% |
| LCATTLE | 2018-08-27 | [Hog, cattle futures sharply higher on news of trade deal - Brownfield Ag News](https://feedsoft.ai/events/63477-hog-cattle-futures-sharply-higher-on-news-of-trade-deal-brownfield-ag-news.md) | -0.1% | +3.5% |
| LCATTLE | 2020-01-23 | [Big wins on trade could mean big things for cattle and hog prices - Brownfield Ag News](https://feedsoft.ai/events/55229-big-wins-on-trade-could-mean-big-things-for-cattle-and-hog-prices-brownfield-ag.md) | -1.7% | -4.0% |
| LCATTLE | 2019-12-13 | [CME hog, cattle futures climb on U.S-China trade news](https://feedsoft.ai/events/6399-cme-hog-cattle-futures-climb-on-u-s-china-trade-news.md) | +0.8% | +4.9% |
| LCATTLE | 2020-07-21 | [US red meat exports adding value to corn and soybeans - Brownfield Ag News](https://feedsoft.ai/events/52196-us-red-meat-exports-adding-value-to-corn-and-soybeans-brownfield-ag-news.md) | -0.5% | +6.8% |
| FCATTLE | 2018-04-04 | [Cattle futures shrug off China tariff news - Brownfield Ag News](https://feedsoft.ai/events/10068-cattle-futures-shrug-off-china-tariff-news-brownfield-ag-news.md) | +3.3% | +5.7% |
| FCATTLE | 2018-08-27 | [Hog, cattle futures sharply higher on news of trade deal - Brownfield Ag News](https://feedsoft.ai/events/63477-hog-cattle-futures-sharply-higher-on-news-of-trade-deal-brownfield-ag-news.md) | +0.2% | +4.9% |
| FCATTLE | 2018-07-18 | [U.S. livestock: CME cattle rise but hog futures weaken - Grainews](https://feedsoft.ai/events/5215-u-s-livestock-cme-cattle-rise-but-hog-futures-weaken-grainews.md) | +1.0% | -1.6% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-extend-rally/

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