# TDA Market Recap, Feb. 27, 2017 - Texas & Southwestern Cattle Raisers Association

> Texas feeder cattle auctions reported steady to $10 higher prices for the week ending February 24. Wholesale Choice beef rose $7.15 to $198.96 per cwt. Export sales of beef and cotton were reported, and pasture conditions deteriorated in South Texas due to dry weather.

- Date: 2017-02-27 · published 2017-02-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5043-tda-market-recap-feb-27-2017-texas-and-southwestern-cattle-raisers-association
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Higher wholesale beef and feeder cattle prices reflect firm demand and tight supplies of cattle. Dry South Texas pastures could increase feed needs later.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2017-02-27 | 1 | +2.7% | 3.8 | Report dated Feb 27 on strong wholesale Choice beef (+$7.15) and steady-to-higher cattle auctions reflects the demand backdrop supporting live cattle futures that day. |

## Sources

- tscra.org: https://tscra.org/tda-market-recap-feb-27-2017/

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