# "Pass More Steak, Please"

> A Barchart column explains the history of live cattle futures, which began trading on the CME in 1964. It outlines how cattle producers, feedlots, packers and speculators use the contract, and how the cattle cycle, feed costs and consumer sentiment affect margins. It contains no new market event.

- Date: 2022-10-29 · published 2022-10-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/39292-pass-more-steak-please
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

The piece gives background on hedging and cattle cycle timing but carries no new supply or demand signal, so it has little direct price implication.

## Sources

- barchart.com: https://www.barchart.com/story/news/11154746/pass-more-steak-please

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