# Cattle futures start the week higher on oversold signals - Brownfield Ag News

> Live and feeder cattle futures ended higher on oversold signals, with October live cattle up $0.40 to $105.30. Cash cattle trade had not yet established bids and asking prices, and packers had ample supplies.

- Date: 2020-08-31 · published 2020-08-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/51743-cattle-futures-start-the-week-higher-on-oversold-signals-brownfield-ag-news
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Technical rebounds offer little fundamental support while packer supplies remain plentiful, so feed demand from feedlots is unlikely to strengthen.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-start-the-week-higher-on-oversold-signals/

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