# Live cattle futures soar higher post-holiday | Western Livestock Journal

> Live cattle futures rose after Memorial Day, with June up nearly $7 to $174.90 and August up nearly $8 to $172.37. Cash trade totaled about 45,000 head, with live steers averaging $180.24 and dressed steers averaging $289.21.

- Date: 2023-06-02 · published 2023-06-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5221-live-cattle-futures-soar-higher-post-holiday-western-livestock-journal
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Rising cash prices and tight market-ready supplies support cattle values, which tends to keep feeder and finishing costs high for feed buyers.

## Read by commodity

- LCATTLE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2023-06-05 | 5 | +4.3% | 4.1 | Post-Memorial Day futures surge with June up nearly $7 and August up nearly $8 on stronger cash trade directly explains the move. |
| LCATTLE | 2023-06-06 | 5 | +4.4% | 3.5 | Post-holiday futures surge with June up nearly $7 and August up nearly $8 on strong cash trade directly captures the move. |

## Sources

- wlj.net: https://www.wlj.net/live-cattle-futures-soar-higher-post-holiday/

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