# Cattle Current Weekly Highlights—Week ending Mar. 13, 2020 – Cattle Current Market Update

> For the week ending March 13, 2020, feeder cattle futures averaged $17.48 lower and live cattle $11.32 lower, while US stocks fell sharply and WTI averaged $8.98 lower. AMS reported steers and heifers selling $5-10/cwt lower amid COVID-19 panic.

- Date: 2020-03-16 · published 2020-03-16T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/5175-cattle-current-weekly-highlights-week-ending-mar-13-2020-cattle-current-market
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Steep livestock and energy declines reduce feeding margins and signal weaker demand across feed grains and ingredients, with grains also reporting losses.

## Read by commodity

- WTI: bearish ▼
- CORN: bearish ▼
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| FCATTLE | 2020-03-15 | 5 | -15.1% | -7.8 | Week ending March 13 saw feeder futures average $17.48 lower amid equity and oil collapse and cash feeders $5-10 lower, quantifying the move. |
| LCATTLE | 2020-03-15 | 5 | -6.7% | -3.7 | Weekly summary shows live cattle futures averaged $11.32 lower and cash $5-10 lower amid COVID panic and equity weakness. |
| FCATTLE | 2020-03-16 | 1 | +4.7% | 3.3 | Weekly summary published March 16 on the prior week's sharp feeder futures declines, equity and oil weakness, and COVID panic, which shows the sentiment backdrop carrying into the move. |

## Sources

- cattlecurrent.com: https://cattlecurrent.com/cattle-current-weekly-highlights-week-ending-mar-13-2020/

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