# Live cattle futures slip on waning consumer demand - CME
						 | The Beef Site

> CME live and feeder cattle futures slipped on a Monday as boxed beef prices fell and consumer demand weakened. Choice boxed beef dropped 35 cents to $304.57 per hundredweight, and October live cattle settled at 177.225 cents per pound.

- Date: 2024-09-17 · published 2024-09-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/28430-live-cattle-futures-slip-on-waning-consumer-demand-cme-the-beef-site
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Weaker retail beef demand lowers packer cutout values, which pressures cash and futures cattle prices and reduces feeder demand.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- thebeefsite.com: https://www.thebeefsite.com/news/live-cattle-futures-slip-on-waning-consumer-demand-cme

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