# Cattle Current Weekly Highlights—Week ending Aug. 30, 2019 – Cattle Current Market Update

> Cattle futures faltered through the week ending August 30, 2019, after an initial bounce on a US-Japan trade deal and a neutral Cattle on Feed report. Wholesale beef values moved lower toward pre-fire levels, and feeder futures closed about $1.91 lower.

- Date: 2019-08-30 · published 2019-08-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10902-cattle-current-weekly-highlights-week-ending-aug-30-2019-cattle-current-market
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lower wholesale beef and expected fall feeder supplies point to continued pressure on feeder and fed cattle prices.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| FCATTLE | 2019-08-29 | 1 | -4.6% | -3.5 | Cattle futures faltered through the week ending Aug 30 with feeders closing about $1.91 lower as wholesale beef values fell back toward pre-fire levels, consistent with the late-August drop. |
| LCATTLE | 2019-09-02 | 1 | -3.5% | -4.8 | Cattle futures faltered through the week ending Aug 30 as boxed beef fell toward pre-fire levels, which carried weakness into the Sept 2 session. |

## Sources

- cattlecurrent.com: https://cattlecurrent.com/cattle-current-weekly-highlights-week-ending-aug-30-2019/

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