# Cattle futures down on cash, wholesale pressure - Brownfield Ag News

> CME live cattle futures fell on technical selling, lower boxed beef and pressure from sharply lower direct cash trade in the week. June live cattle were down $0.25 to $113.42 and feeder cattle lower across the board.

- Date: 2019-05-03 · published 2019-05-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/4621-cattle-futures-down-on-cash-wholesale-pressure-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lower cash and wholesale prices pass through to futures and reduce the value of cattle that feedlots and feed buyers depend on, weakening feeder demand sentiment.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2019-05-06 | 5 | -6.2% | -3.6 | Technical selling, lower boxed beef and sharply lower direct cash trade pressured futures on May 3. |
| LCATTLE | 2019-05-02 | 5 | -5.2% | -3.8 | On May 3 futures fell on technical selling, lower boxed beef and sharply lower cash trade, extending the decline. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-down-on-cash-wholesale-pressure-2/

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