# CME feeder cattle end higher in turnaround from May low

> CME feeder cattle futures finished higher, reversing an earlier decline from the May low. Reuters noted that global stocks struggled on the same Friday as data showed US inflation remained high.

- Date: 2023-10-27 · published 2023-10-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/33765-cme-feeder-cattle-end-higher-in-turnaround-from-may-low
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A rebound in feeder futures supports the value of stocker and feeder cattle, but analysts flagged that a possible economic slowdown could weaken beef demand.

## Read by commodity

- FCATTLE: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/article/usa-livestock/livestock-cme-feeder-cattle-end-higher-in-turnaround-from-may-low-idINL1N3BX38E/

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