# Cash trade continues to head higher | Western Livestock Journal

> Cash fed cattle traded higher in the week after Thanksgiving, with live steers selling mostly at $140.86 and negotiated prices reaching the highest level since 2017. Packers had committed most purchased cattle for nearby delivery and export demand was reported strong.

- Date: 2021-12-03 · published 2021-12-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/43732-cash-trade-continues-to-head-higher-western-livestock-journal
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Tight market-ready supplies and packer competition for cattle point to continued upward pressure on fed cattle prices.

## Read by commodity

- LCATTLE: bullish ▲

## Sources

- wlj.net: https://www.wlj.net/cash-trade-continues-to-head-higher/

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