# Cattle markets continue to react to uncertain future | Western Livestock Journal

> Fed cattle prices were $112.80/cwt in the first week of March 2020, versus $127.98 a year earlier, and live cattle futures swung sharply amid COVID-19 uncertainty. Futures hit the daily price ceiling on March 10 after falling enough to halt trading on March 9.

- Date: 2020-03-12 · published 2020-03-12T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/5169-cattle-markets-continue-to-react-to-uncertain-future-western-livestock-journal
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lower fed cattle prices reflect rising supplies plus panic-driven futures volatility, pressuring cattle values and the feed-cost outlook for feedlots.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2020-03-15 | 5 | -6.7% | -3.7 | Describes the March 9 trading halt and volatile swings amid COVID uncertainty, with cash well below last year. |
| FCATTLE | 2020-03-12 | 1 | -4.9% | -3.5 | Describes extreme futures volatility and limit moves in the same week amid COVID-19 uncertainty, giving context for the March 12 decline and fragile sentiment. |
| FCATTLE | 2020-03-15 | 5 | -15.1% | -7.8 | Described the limit-down on March 9 and limit-up on March 10 swings amid COVID uncertainty, reflecting the volatile selloff. |
| LCATTLE | 2020-03-09 | 1 | -2.1% | -3.0 | Notes that trading halted after a limit-down fall on March 9, confirming the size of the move, though the article was published after the date. |

## Sources

- wlj.net: https://www.wlj.net/cattle-markets-continue-to-react-to-uncertain-future/

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