# Cattle futures drop on broader market pressure - Brownfield Ag News

> Live cattle closed $1.97 lower and feeder cattle closed about $3 lower at CME as selling accelerated after the Dow fell on coronavirus concerns. Cash trade opened significantly lower, with a light live trade in the South at $115, $5 below the prior week.

- Date: 2020-02-26 · published 2020-02-26T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/12063-cattle-futures-drop-on-broader-market-pressure-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lower futures and cash bids reflect broad risk-off selling tied to the virus outbreak, which weighs on near-term cattle prices.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2020-03-02 | 5 | -5.0% | -3.1 | Live cattle down $1.97 as selling accelerated with the equity sell-off and cash opened $5 lower. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2017-01-03 | [A new year for cattle markets -  \| Ag Proud](https://feedsoft.ai/events/73127-a-new-year-for-cattle-markets-ag-proud.md) | -0.9% | +0.4% |
| LCATTLE | 2018-02-05 | [Place your bet on fed cattle market](https://feedsoft.ai/events/66625-place-your-bet-on-fed-cattle-market.md) | -0.3% | -1.3% |
| LCATTLE | 2018-03-27 | [The big picture scares cattle markets](https://feedsoft.ai/events/66132-the-big-picture-scares-cattle-markets.md) | -3.4% | +0.8% |
| LCATTLE | 2020-04-30 | [Estimating COVID-19 effects on the cattle markets - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/53773-estimating-covid-19-effects-on-the-cattle-markets-progressive-cattle-ag-proud.md) | +3.2% | +19.4% |
| LCATTLE | 2026-05-29 | [Cattle futures slip on fuel price demand fears - CME
						 \| The Beef Site](https://feedsoft.ai/events/19391-cattle-futures-slip-on-fuel-price-demand-fears-cme-the-beef-site.md) | -0.8% | +1.4% |
| FCATTLE | 2017-01-03 | [A new year for cattle markets -  \| Ag Proud](https://feedsoft.ai/events/73127-a-new-year-for-cattle-markets-ag-proud.md) | -0.9% | -5.9% |
| FCATTLE | 2018-02-05 | [Place your bet on fed cattle market](https://feedsoft.ai/events/66625-place-your-bet-on-fed-cattle-market.md) | -3.1% | -3.8% |
| FCATTLE | 2018-03-27 | [The big picture scares cattle markets](https://feedsoft.ai/events/66132-the-big-picture-scares-cattle-markets.md) | -3.3% | +3.1% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/cattle-futures-drop-on-broader-market-pressure/

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