# Feeder cattle markets remain optimistic | Western Livestock Journal

> August live cattle gained $1.02 to $97.30 and October rose 77 cents to $100.67 in the week before July 2. Cash trade was slow, with live cattle at $95 to $98 and dressed at $148 to $155. Choice boxed beef hovered just above $200 and was down $1.59 to $205.38, while large carcass weights and a backlog of cattle weigh on demand.

- Date: 2020-07-02 · published 2020-07-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/52260-feeder-cattle-markets-remain-optimistic-western-livestock-journal
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Heavy carcass weights and slack beef demand pressure packer margins and cash cattle values, though futures gains and supply constraints offer some support for feeders.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- wlj.net: https://www.wlj.net/feeder-cattle-markets-remain-optimistic/

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