# Market Wrap-Up: Sept. 29, 2020 | Western Livestock Journal

> Cash cattle trade was at a standstill in the Southern Plains and Nebraska, with 640 head traded. Live cattle futures rallied, with October up 95 cents to $108.90 and December up $1.47 to $113.12. Friday's Cattle on Feed report showed cattle on feed at 104 percent of last year and August placements at 109 percent.

- Date: 2020-09-29 · published 2020-09-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/51255-market-wrap-up-sept-29-2020-western-livestock-journal
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Heavier placements and larger supplies of cattle outside feedyards point to ample feeder supply, which limits upside in feeder prices despite the futures rally. Feed demand from feedlots stays supported by these placements.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- wlj.net: https://www.wlj.net/market-wrap-up-sept-29-2020/

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