# US Cattle futures regain ground
						 | The Cattle Site

> US cattle futures rebounded after Monday's lows as consumers stocked up at grocery stores following restaurant closure orders from several governors. Cash cattle traded as much as $3 per lb higher than a week earlier, priced $13 to $18 over futures. Live cattle contracts posted limit-up gains in the nearby months.

- Date: 2020-03-18 · published 2020-03-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11125-us-cattle-futures-regain-ground-the-cattle-site
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Retail restocking demand lifted cash and boxed values, supporting fed cattle and feeder futures after a sharp selloff. The rebound signals that near-term meat demand from grocery channels can offset foodservice losses.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2020-03-23 | 5 | +7.9% | 3.9 | Futures rebounded from Monday's lows with limit-up nearby live cattle as grocery buying surged after restaurant closures, a demand-shift mechanism. |
| FCATTLE | 2020-03-23 | 5 | +15.7% | 5.1 | Futures rebounded as grocery stocking after restaurant closures lifted beef demand and cash prices, supporting the bounce from Monday's lows. |

## Sources

- thecattlesite.com: https://www.thecattlesite.com/news/55034/us-cattle-futures-regain-ground

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