# Is the Cattle Market Ready to Trade Higher?

> Live cattle futures had traded lower over the past month under pressure from economic weakness, inflation and expected higher interest rates. A stronger close on Monday led traders to ask whether the market is ready to trade higher. Slaughter pace is running 1.6% above last year and packers are moving high volumes of beef despite softer boxed prices.

- Date: 2022-10-17 · published 2022-10-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/39286-is-the-cattle-market-ready-to-trade-higher
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Steady slaughter and strong packer volumes keep supplies moving, but macro headwinds and weak boxed beef limit upside for cattle prices. Feedlot buyers should expect choppy, range-bound futures.

## Read by commodity

- LCATTLE: neutral

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/AG/blogs/sort-cull/blog-post/2022/10/17/cattle-market-ready-trade-higher

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