# When the Cattle Market's Fundamentals Are Overshadowed by Technical Chaos

> Cattle futures fell sharply over three days as interest rate hikes weighed on commodity markets. Cash cattle traded higher the prior week and boxed beef remains above pre-COVID norms, though prices have been pressured.

- Date: 2022-09-30 · published 2022-09-30T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/39717-when-the-cattle-market-s-fundamentals-are-overshadowed-by-technical-chaos
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Macro-driven futures selloff is raising hedging and margin pressure for feedlots, which can soften near-term demand for feed grains and protein meals.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2018-03-27 | [The big picture scares cattle markets](https://feedsoft.ai/events/66132-the-big-picture-scares-cattle-markets.md) | -3.3% | +3.1% |
| FCATTLE | 2018-08-22 | [Cattle Market Overriding Themes \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/63656-cattle-market-overriding-themes-ohio-beef-cattle-letter.md) | +0.1% | +4.3% |
| FCATTLE | 2018-02-05 | [Place your bet on fed cattle market](https://feedsoft.ai/events/66625-place-your-bet-on-fed-cattle-market.md) | -3.1% | -3.8% |
| FCATTLE | 2020-01-27 | [How External Factors Play a Role in the Cattle Market](https://feedsoft.ai/events/6709-how-external-factors-play-a-role-in-the-cattle-market.md) | -4.1% | -4.1% |
| FCATTLE | 2018-03-26 | [Mixed macroeconomic signals shake cattle markets -  \| Ag Proud](https://feedsoft.ai/events/66136-mixed-macroeconomic-signals-shake-cattle-markets-ag-proud.md) | -2.8% | +2.5% |
| LCATTLE | 2020-01-01 | [Cattle market shaken by COVID-19](https://feedsoft.ai/events/55236-cattle-market-shaken-by-covid-19.md) | +1.5% | -0.4% |
| LCATTLE | 2018-03-27 | [The big picture scares cattle markets](https://feedsoft.ai/events/66132-the-big-picture-scares-cattle-markets.md) | -3.4% | +0.8% |
| LCATTLE | 2018-08-22 | [Cattle Market Overriding Themes \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/63656-cattle-market-overriding-themes-ohio-beef-cattle-letter.md) | -1.1% | +2.1% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/livestock/article/2022/09/28/cattle-markets-fundamentals-chaos

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