# February Live Cattle End Another Week Higher

> February live cattle futures closed up $2.07 in the week ending January 5, recovering to $170.57 from a December low of $162.40. Cash cattle showed small gains for a third straight week, though a sharp drop in choice boxed beef was noted.

- Date: 2024-02-01 · published 2024-02-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/32244-february-live-cattle-end-another-week-higher
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

A rebound in live cattle prices from December lows supports feedlot margins and feed buying, though the weaker boxed beef trade limits upside.

## Read by commodity

- LCATTLE: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/sort-cull/blog-post/2024/01/08/february-live-cattle-end-another

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