# Market Wrap-Up: Friday, Aug. 8 | Western Livestock Journal

> Live cattle futures plunged on Friday, Aug. 8, with the October contract down $6.20 to $232.55 on profit-taking after a record-high close Thursday. Cash trade totaled about 20,000 head that day, with live steers averaging $241.62. Slaughter was estimated at 88,000 head, down from 93,000 a week earlier.

- Date: 2025-08-08 · published 2025-08-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/12275-market-wrap-up-friday-aug-8-western-livestock-journal
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Heavy profit-taking after record highs signals fragile futures sentiment, and feeder buyers face wider price swings. Lower futures reduce the value of cattle forward-priced for feedlots.

## Read by commodity

- LCATTLE: bearish ▼

## Sources

- wlj.net: https://www.wlj.net/market-wrap-up-friday-aug-8/

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