# Livestock Marketing Information Center: Market Retreat Possibly Slowing - Morning Ag Clips

> Cattle futures have retreated to levels seen in March or April, though the decline appears to be slowing. Cash fed and feeder prices weakened less than futures during the rally and are now also declining. Beef demand is moderating from 2023 levels into 2024.

- Date: 2023-12-20 · published 2023-12-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/32851-livestock-marketing-information-center-market-retreat-possibly-slowing-morning
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Moderating beef demand and a slowing decline in cattle prices point to a stabilizing but soft cattle market, limiting feed demand growth in the near term.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- morningagclips.com: https://www.morningagclips.com/livestock-marketing-information-center-market-retreat-possible-slowing/

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