# October cattle futures drop - High Plains Journal

> October feeder cattle futures fell $11 per hundredweight over five days after the latest Cattle on Feed report. Slaughter cow and bull markets were also aggressive, and some dairy cows in Texas, New Mexico and Kansas tested positive for avian influenza.

- Date: 2024-03-29 · published 2024-03-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/31346-october-cattle-futures-drop-high-plains-journal
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A sharp futures drop after a bearish government report signals lower expected feeder prices, although feeder numbers at sale barns are declining.

## Read by commodity

- FCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| FCATTLE | 2024-03-31 | 1 | -3.0% | -4.1 | Feeder futures fell about $11/cwt over five days after the Cattle on Feed report, and avian flu in dairy cows added to sentiment, directly matching the sharp selloff. |

## Sources

- hpj.com: https://hpj.com/2024/03/29/october-cattle-futures-drop/

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