# Cattle prices drop amid bearish sentiment

> Calf, feeder and fed cattle prices declined as cattle numbers increased and buyers remained uncertain. Steers and heifers traded mostly $2-$10 per cwt lower, and cash fed cattle fell to $101-$104 per cwt live.

- Date: 2016-09-30 · published 2016-09-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11104-cattle-prices-drop-amid-bearish-sentiment
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Larger cattle supplies and buyer hesitancy push down feeder and fed cattle values, squeezing feedlot margins and reducing demand for calves.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- beefmagazine.com: https://www.beefmagazine.com/cattle-pricing/cattle-prices-drop-amid-bearish-sentiment

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