# Cattle markets are getting back on track

> Cattle futures and cash markets have largely recovered from the late-March selloff triggered by the diagnosis of highly pathogenic avian influenza in dairy cattle, now called Bovine Influenza A virus. Oklahoma steer calf prices have bounced off recent lows, though drought is re-emerging across the state.

- Date: 2024-04-29 · published 2024-04-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30858-cattle-markets-are-getting-back-on-track
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Market fundamentals are reasserting themselves, supporting cattle prices, while drought-driven grazing concerns could temper stocker demand and calf prices in the coming month.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/cattle-news/cattle-markets-are-getting-back-on-track

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