# Cash Cattle Markets Show Signs of Demand Returning to Country

> Cash cattle negotiated prices rose in late December after a period of declines since October, with live trade in the South up $1 to about $172 and northern trade up $2-3 to $272-273. Packers, who had shown little interest for eight weeks, appeared to be returning to the cash market.

- Date: 2024-01-02 · published 2024-01-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/32243-cash-cattle-markets-show-signs-of-demand-returning-to-country
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Renewed packer buying of cash cattle supports fed cattle prices and tends to lift feeder and live cattle futures, which affects feed demand from feedlots.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/Ag/blogs/sort-cull/blog-post/2024/01/02/cash-cattle-markets-show-signs

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