# Cattle futures fall on technical selling - CME
						 | The Beef Site

> CME cattle futures fell on October 3 on technical selling and demand concerns. December live cattle dropped below its 200-day, 40-day and 50-day moving averages, and most-active lean hog futures fell for a third session after a larger-than-expected government supply report.

- Date: 2023-10-03 · published 2023-10-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10395-cattle-futures-fall-on-technical-selling-cme-the-beef-site
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Technical breaks and bearish supply signals weigh on live cattle, feeder cattle and hog prices, reducing feed demand from livestock producers.

## Read by commodity

- HOGS: bearish ▼
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- thebeefsite.com: https://www.thebeefsite.com/news/cattle-futures-fall-on-technical-selling-cme

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