# LIVESTOCK-CME live cattle post more highs on firm cash prices, rising slaughter — Spot On Nebraska

> CME live cattle futures rose to fresh contract highs on Wednesday, Feb 2, as firm cash cattle prices and rising slaughter supported the rally.

- Date: 2022-02-02 · published 2022-02-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/42823-livestock-cme-live-cattle-post-more-highs-on-firm-cash-prices-rising-slaughter
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Firm cash prices and steady slaughter point to tight fed cattle supplies, supporting live cattle futures for feed buyers.

## Read by commodity

- LCATTLE: bullish ▲

## Sources

- spotonnebraska.com: https://spotonnebraska.com/ne-non-local-sources/1136801/livestock-cme-live-cattle-post.html

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