# Cash Cattle Markets See Seasonal Lows | Red River Farm Network

> Cattle futures fell after the October Cattle on Feed report. NDSU economist Tim Petry expects fall cash prices to stay above last year's levels but anticipates seasonal weakness until calves are weaned and corn harvest is finished.

- Date: 2023-10-30 · published 2023-10-30T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/33788-cash-cattle-markets-see-seasonal-lows-red-river-farm-network
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Seasonal cash weakness ahead could keep live cattle prices under pressure in the near term, even though calf values remain higher year over year.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2017-01-11 | [A New Year for Cattle Markets \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/72946-a-new-year-for-cattle-markets-ohio-beef-cattle-letter.md) | +0.5% | -0.3% |
| LCATTLE | 2016-04-29 | [National Feeder Cattle Weekly Review 4/29/16 \| Livestock Market Reports \| lancasterfarming.com](https://feedsoft.ai/events/11611-national-feeder-cattle-weekly-review-4-29-16-livestock-market-reports.md) | -2.4% | +0.0% |
| LCATTLE | 2021-04-09 | [Rising feed prices impact cattle markets \| Western Livestock Journal](https://feedsoft.ai/events/47743-rising-feed-prices-impact-cattle-markets-western-livestock-journal.md) | +0.6% | -3.2% |
| LCATTLE | 2020-08-28 | [Markets slide lower on COF news \| Western Livestock Journal](https://feedsoft.ai/events/51751-markets-slide-lower-on-cof-news-western-livestock-journal.md) | -0.2% | +0.9% |
| LCATTLE | 2023-11-14 | [USDA cattle report shows strong market prices support higher feedlot numbers - Oklahoma Farm Report](https://feedsoft.ai/events/33332-usda-cattle-report-shows-strong-market-prices-support-higher-feedlot-numbers.md) | -0.4% | -4.8% |
| FCATTLE | 2021-02-12 | [Rising feed costs may change feeder cattle market \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/48785-rising-feed-costs-may-change-feeder-cattle-market-iowa-agribusiness-radio.md) | -0.0% | -2.0% |
| FCATTLE | 2017-01-11 | [A New Year for Cattle Markets \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/72946-a-new-year-for-cattle-markets-ohio-beef-cattle-letter.md) | -1.3% | -7.8% |
| FCATTLE | 2016-04-29 | [National Feeder Cattle Weekly Review 4/29/16 \| Livestock Market Reports \| lancasterfarming.com](https://feedsoft.ai/events/11611-national-feeder-cattle-weekly-review-4-29-16-livestock-market-reports.md) | +1.7% | +0.3% |

## Sources

- rrfn.com: https://www.rrfn.com/2023/10/29/cash-cattle-markets-see-seasonal-lows/

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