# Cattle Current Weekly Highlights—Week ending Jan. 29, 2021 – Cattle Current Market Update

> Calves and feeder cattle sold $1 to $3/cwt higher nationwide in the week ending January 29, while Feeder Cattle futures fell an average of $4.35. The CME Feeder Cattle Index rose $2.03 to $136.02, and drought is tightening hay supplies across the Great Plains and West.

- Date: 2021-01-31 · published 2021-01-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/49285-cattle-current-weekly-highlights-week-ending-jan-29-2021-cattle-current-market
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Drought-driven hay tightness raises producers' cost of holding cattle and can push marketings forward. Early grass-run price strength would support feeder values into spring.

## Read by commodity

- FCATTLE: neutral

## Sources

- cattlecurrent.com: https://cattlecurrent.com/cattle-current-weekly-highlights-week-ending-jan-29-2021/

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