# Feeder cattle markets continue to decline | Western Livestock Journal

> Live cattle futures traded in a narrow range the week of June 26, with August live cattle closing at $96.10. Feeder contracts traded between $132 and $135, and cash trade was slower as packers took in more formula grid cattle.

- Date: 2020-06-26 · published 2020-06-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/52760-feeder-cattle-markets-continue-to-decline-western-livestock-journal
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Feeder futures gave back intraday gains and the cash trade was thin, signalling soft demand for feeder cattle and limited upside for feeder prices.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: neutral

## Sources

- wlj.net: https://www.wlj.net/feeder-cattle-markets-continue-to-decline/

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