# Cattle Current Podcast—Aug. 26, 2019 – Cattle Current Market Update

> Cattle futures closed sharply lower on August 23, 2019, on record July red meat production, a sharp rise in frozen beef supplies and weaker outside markets tied to US-China trade tensions. Choice boxed beef fell $1.76 to $237.52/cwt.

- Date: 2019-08-26 · published 2019-08-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10904-cattle-current-podcast-aug-26-2019-cattle-current-market-update
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Heavier red meat supplies and weaker export expectations reduce demand for live and feeder cattle, pushing futures lower.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- cattlecurrent.com: https://cattlecurrent.com/cattle-current-podcast-aug-26-2019/

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