# Cattle Face Weakness on Tuesday - IBest Media

> Live cattle futures fell on Tuesday, with February down $1.475 and December down $1.325. Feeder cattle futures lost $2.60 to $2.93 across most contracts. The USDA choice cutout fell $2.89 to $320.61 per cwt as weekly slaughter ran 2,000 head above the prior week.

- Date: 2024-10-30 · published 2024-10-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/12231-cattle-face-weakness-on-tuesday-ibest-media
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lower boxed beef values and feeder futures losses point to softer cattle prices, while the slightly higher slaughter pace adds to near-term supply pressure.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- ibestmedia.com: https://www.ibestmedia.com/post/52805.html

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