# US live cattle futures lower on long liquidation - CME
						 | The Cattle Site

> CME live cattle futures edged lower on speculative long liquidation after funds had been large buyers in prior weeks. Traders also cited US-China tensions over Taiwan and a drop in wholesale beef prices.

- Date: 2022-08-02 · published 2022-08-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/40173-us-live-cattle-futures-lower-on-long-liquidation-cme-the-cattle-site
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Fund selling and weaker wholesale beef reduce near-term cattle futures prices, while trade-tension risk adds uncertainty for beef export demand.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- thecattlesite.com: https://www.thecattlesite.com/news/58990/us-live-cattle-futures-lower-on-long-liquidation-cme/

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