# Live Cattle Basis Due to Covid-19: Deviations and Convergence | Center for Agricultural Profitability | Nebraska

> A University of Nebraska extension piece explains how live cattle basis, defined as cash minus futures, works and how it can widen or narrow. It uses the April 2020 COVID-19 disruption as context for why cash and futures prices have diverged. The article is an educational explainer rather than a report of a new market event.

- Date: 2020-04-22 · published 2020-04-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/53771-live-cattle-basis-due-to-covid-19-deviations-and-convergence-center-for
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Basis moves determine what feeders and packers actually receive relative to futures, so a widening basis during COVID-19 disruption can cut realized prices even when futures hold up.

## Read by commodity

- LCATTLE: neutral

## Sources

- cap.unl.edu: https://cap.unl.edu/news/live-cattle-basis-due-covid-19-deviations-and-convergence/

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