# U.S. livestock: CME feeder cattle slump to lowest in over a month - AgCanada

> CME feeder cattle futures fell to their lowest level in more than a month on Sept 27 as fund liquidation and technical selling pressured prices. December live cattle reached their lowest since Sept 14.

- Date: 2023-09-27 · published 2023-09-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/34265-u-s-livestock-cme-feeder-cattle-slump-to-lowest-in-over-a-month-agcanada
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Fund selling and profit-taking are driving the decline rather than a change in fundamentals, which weighs on feeder and fed cattle values in the near term.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- agcanada.com: https://www.agcanada.com/daily/u-s-livestock-cme-feeder-cattle-slump-to-lowest-in-over-a-month

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