# Market holds steady on packer gains | Western Livestock Journal

> Western Livestock Journal reports that live cattle futures were mixed in the last week of October, with the October contract closing at $193 and December at $186.30. Cash trade was mostly steady at $187-192 live, and analysts expect flat prices into the first half of next year.

- Date: 2024-11-01 · published 2024-11-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/27545-market-holds-steady-on-packer-gains-western-livestock-journal
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Flat price forecasts and steady cash trade suggest limited near-term direction for cattle prices, with packers' willingness to buy supporting current levels.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Sources

- wlj.net: https://www.wlj.net/market-holds-steady-on-packer-gains/

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