# Cattle futures sharply lower ahead of Friday's On Feed report - Brownfield Ag News

> Live and feeder cattle closed sharply lower on Thursday October 19 ahead of Friday's On Feed report, after a very bearish Export Sales report. December lives fell $1.90 to $185.30 and November feeders fell $5.22 to $244.50.

- Date: 2023-10-19 · published 2023-10-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10314-cattle-futures-sharply-lower-ahead-of-friday-s-on-feed-report-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Sharp cattle futures declines ahead of the USDA report lower the value of feeder animals and signal reduced near-term feed-buying expectations.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2023-10-22 | 1 | -1.6% | -5.1 | Futures were already falling on Oct 19 after a very bearish Export Sales report, adding to downside momentum going into the On Feed report. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-sharply-lower-ahead-of-fridays-on-feed-report/

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