# Feeder cattle market stronger on larger volume | Western Livestock Journal

> Live cattle futures fell more than $9 on the April contract last week, with June closing at $82.92 while deferred contracts traded higher. The Choice boxed beef cutout hit a record $184.39, up over $30 on the week, as packers killed fewer cattle than a year earlier.

- Date: 2020-04-23 · published 2020-04-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/53783-feeder-cattle-market-stronger-on-larger-volume-western-livestock-journal
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Tight packer slaughter and record boxed beef support fed cattle values and feedlot demand for feeders, while near-term futures pressure reflects deliverable supply concerns.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: neutral

## Sources

- wlj.net: https://www.wlj.net/feeder-cattle-market-stronger-on-larger-volume/

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