# Beef Market Update: Roulette at the auction mart, as volatility remains in live cattle futures - RealAgriculture

> Live cattle futures fell sharply in the week ending October 30 after a volatile stretch, with December and February contracts dropping around $10 in nine trading days before recovering $5.50 to $6. Cash cattle fell about $2 the previous week, packer bids were lower at $220/cwt dressed, and heavy fed cattle supplies remained large.

- Date: 2020-10-30 · published 2020-10-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/50758-beef-market-update-roulette-at-the-auction-mart-as-volatility-remains-in-live
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Large fed cattle supplies and lower packer bids point to softer cattle prices into late fall, while volatility raises risk for feeder cattle buyers and hedgers.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- realagriculture.com: https://www.realagriculture.com/2020/10/beef-market-update-roulette-at-the-auction-mart-as-the-live-cattle-futures-market-stays-volatile/

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