# Shootin' the Bull about lots of volatility - IBest Media

> Cattle futures sold off sharply during the week while cattle feeders bid up inventory, pushing the feeder cattle index to a new high. Open interest rose as new longs entered near the top of the recent price range. Analysts expected heavy volatility in early the following week ahead of the US election.

- Date: 2024-11-01 · published 2024-11-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/12230-shootin-the-bull-about-lots-of-volatility-ibest-media
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Rising open interest and a record feeder index show heavy positioning and firm feeder values, while election-linked volatility raises short-term price risk for buyers and hedgers.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: neutral

## Sources

- ibestmedia.com: https://www.ibestmedia.com/post/53131.html

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