# Cattle Current Podcast—May 1, 2020 – Cattle Current Market Update

> A Cattle Current market update for May 1 reports negotiated fed cattle cash trade at $93.75-$100 across regions, with boxed beef up double digits. Live cattle futures firmed after an executive order kept meatpacking plants open.

- Date: 2020-05-01 · published 2020-05-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/53263-cattle-current-podcast-may-1-2020-cattle-current-market-update
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Firming futures and strong wholesale beef values support cattle prices, though executive order-driven plant operation outlook is uncertain.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| FCATTLE | 2020-05-06 | 5 | +10.6% | 2.9 | Live cattle futures firmed after the executive order kept plants open, and cash trade and boxed beef rose, which fed through to feeder cattle futures. |
| LCATTLE | 2020-05-11 | 5 | +7.3% | 2.9 | Futures firmed and cash trade improved after the executive order kept plants open, which supported the early-May recovery in live cattle. |

## Sources

- cattlecurrent.com: https://cattlecurrent.com/cattle-current-podcast-may-1-2020/

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