# Cattle Market Regains Bullish Outlook

> Cattle futures recovered after a three-week slump that followed the Silicon Valley Bank collapse, with the March 27 trade reviving bullish sentiment. Cash cattle had been rising $2 to $3 weekly before the sell-off. Boxed beef prices were starting to bottom seasonally and supporting feedlot pricing.

- Date: 2023-04-03 · published 2023-04-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10374-cattle-market-regains-bullish-outlook
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Thin supplies of market-ready cattle and firmer boxed beef give feedlots leverage to push cash prices higher, supporting live and feeder cattle futures.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2023-04-03 | 1 | +1.2% | 3.4 | It describes a rebound in sentiment after the bank-turmoil slump, with cash cattle trending higher and boxed beef bottoming, which supports further buying on April 3. |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/livestock/article/2023/03/29/cattle-market-regains-bullish

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