# New Week in Cattle Trade

> April live cattle rallied $3.30 and set new contract highs for the week, with other front months also higher. The CME Feeder Cattle Index rose to $180.90, and USDA reported lower boxed beef prices on Friday with Choice down 36 cents.

- Date: 2023-02-06 · published 2023-02-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10216-new-week-in-cattle-trade
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Higher live and feeder cattle futures reflect tight supply, though softer boxed beef prices limit upside for packers and feedlot margins.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2023-02-06 | 1 | +1.1% | 3.4 | April live cattle rallied to new contract highs in the week's trade, which matches the Feb 6 gain and shows follow-through buying on tight supply. |

## Sources

- barchart.com: https://www.barchart.com/story/news/13938791/new-week-in-cattle-trade

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