# Market Wrap-Up: Tuesday, Mar. 24 | Western Livestock Journal

> Cattle futures closed mostly higher on March 24 as boxed beef prices edged up and feeder futures led the rally. Cash trade was light at 195 head, while formula purchases averaged $375.86/cwt. Packers held live prices steady while raising box prices, producing the best beef plant margins in a couple of years.

- Date: 2026-03-24 · published 2026-03-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/20333-market-wrap-up-tuesday-mar-24-western-livestock-journal
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Strong packer margins encourage higher slaughter and support live cattle bids, which benefits cattle feeders selling into the market.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- wlj.net: https://www.wlj.net/market-wrap-up-tuesday-mar-24/

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