# Futures selloff continues, cash trade falters | Western Livestock Journal

> Live cattle futures plunged over the week, with the December contract down over $8.50 to $162.35 and February down over $9 to $162.52. Cash trade sold several dollars lower than a week earlier.

- Date: 2023-12-08 · published 2023-12-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/32836-futures-selloff-continues-cash-trade-falters-western-livestock-journal
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Sharp futures and cash declines lower feedlot profitability and reduce cattle feeding economics, pressuring feed purchases.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2023-12-07 | 5 | -3.2% | -2.9 | Weekly report of live cattle futures plunging (Dec down over $8.50) and weaker cash trade directly describes the selloff in the window ending Dec 7-8. |

## Sources

- wlj.net: https://www.wlj.net/futures-selloff-continues-cash-trade-falters/

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