# Cattle ease on ample supply - CME
						 | The Beef Site

> Live cattle futures fell on April 7 as ample supplies gave packers little reason to bid up cash cattle, with June live cattle down 1.25 cents to 134 cents per pound. Drought-driven herd reductions have pushed more heifers into feedlots, and boxed beef firmed.

- Date: 2022-04-08 · published 2022-04-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/41989-cattle-ease-on-ample-supply-cme-the-beef-site
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Drought-related placements keep feeder supplies plentiful, pressuring cattle futures even as beef cutout values hold up.

## Read by commodity

- HOGS: bearish ▼
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- thebeefsite.com: https://www.thebeefsite.com/news/58339/cattle-ease-on-ample-supply-cme

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