# CME live cattle futures end higher, pausing after six-session skid

> Chicago Mercantile Exchange live cattle futures closed higher on short-covering after a six-session decline. Traders expected firmer cash cattle prices, but gains were capped by falling wholesale beef prices as the grilling season wound down after Labor Day.

- Date: 2021-09-02 · published 2021-09-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5294-cme-live-cattle-futures-end-higher-pausing-after-six-session-skid
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Short-covering after a losing streak lifts futures, but weaker beef values limit the rally, so the feeder-side price outlook stays mixed.

## Read by commodity

- LCATTLE: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/article/business/cme-live-cattle-futures-end-higher-pausing-after-six-session-skid-idUSL1N2Q32UW/

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