# Analyst: Cattle markets roiled by the coronavirus

> Live cattle futures were down over 12% and cash fed cattle about 7.5% since January 2020, with feeder futures down nearly 11%. Analyst Derrell Peel attributed the drop to COVID-19 fears and a sharp recent cash decline for feeder cattle.

- Date: 2020-03-06 · published 2020-03-06T12:00:00.000Z
- Category: disease · region US · magnitude medium
- Page: https://feedsoft.ai/events/5172-analyst-cattle-markets-roiled-by-the-coronavirus
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Falling cattle values reduce feedlot demand for feed and push feedlot margins lower, weighing on feed ingredient demand.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2020-04-03 | [Cattle markets are on a coronavirus roller coaster - High Plains Journal](https://feedsoft.ai/events/7267-cattle-markets-are-on-a-coronavirus-roller-coaster-high-plains-journal.md) | -2.9% | -12.7% |
| LCATTLE | 2020-01-29 | [China’s coronavirus outbreak will impact beef and cattle trade - Beef Central](https://feedsoft.ai/events/55036-china-s-coronavirus-outbreak-will-impact-beef-and-cattle-trade-beef-central.md) | -1.1% | -4.8% |
| LCATTLE | 2020-03-25 | [Cattle producers face price declines amid coronavirus pandemic](https://feedsoft.ai/events/7962-cattle-producers-face-price-declines-amid-coronavirus-pandemic.md) | +2.1% | -11.7% |
| LCATTLE | 2020-03-25 | [Kentucky Beef Cattle Market Update \| Farms.com](https://feedsoft.ai/events/7963-kentucky-beef-cattle-market-update-farms-com.md) | +2.1% | -11.7% |
| LCATTLE | 2020-03-17 | [UK ag economist says cattle markets volatile amidst COVID-19 uncertainties - The Lane Report \| Kentucky Business & Economic News - UK ag economist says cattle markets volatile amidst COVID-19 uncertainties](https://feedsoft.ai/events/11127-uk-ag-economist-says-cattle-markets-volatile-amidst-covid-19-uncertainties-the.md) | +5.7% | -0.8% |
| FCATTLE | 2020-04-03 | [Cattle markets are on a coronavirus roller coaster - High Plains Journal](https://feedsoft.ai/events/7267-cattle-markets-are-on-a-coronavirus-roller-coaster-high-plains-journal.md) | +8.0% | +6.5% |
| FCATTLE | 2020-03-25 | [Cattle producers face price declines amid coronavirus pandemic](https://feedsoft.ai/events/7962-cattle-producers-face-price-declines-amid-coronavirus-pandemic.md) | -6.4% | -9.0% |
| FCATTLE | 2020-05-12 | [How coronavirus disrupted California meat plants - Los Angeles Times](https://feedsoft.ai/events/53262-how-coronavirus-disrupted-california-meat-plants-los-angeles-times.md) | +2.4% | +8.6% |

## Sources

- katv.com: https://katv.com/news/local/analyst-cattle-markets-roiled-by-the-coronavirus

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