# The Cash Cattle Market Carves Out New Highs

> Northern dressed cattle averaged $302 last week, up $4, and Southern live cattle averaged $187, up $2, both setting new all-time highs. Analysts note the market is trading at historically high levels despite the bullish momentum.

- Date: 2024-04-01 · published 2024-04-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/31320-the-cash-cattle-market-carves-out-new-highs
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Record cash fed cattle prices raise feeder costs and feed-yard margins while supporting the bull trend in cattle futures. Higher beef prices may also shape demand for feed inputs.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/sort-cull/blog-post/2024/03/25/cash-cattle-market-carves-new-highs
- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2024/03/25/cash-cattle-market-carves-new-highs

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