# Cattle Prices and Placements Rise - Northern Ag Network

> Fed cattle traded $2 to $4 higher on a live basis, with the five-area weighted average at $131.62 live. Feeder cattle futures gained $13 to $18 over seven weeks. Cash fed cattle prices were holding at a premium to futures.

- Date: 2017-04-24 · published 2017-04-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5392-cattle-prices-and-placements-rise-northern-ag-network
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Firm cash prices and strong slaughter support futures, while the premium of cash over futures suggests the rally could continue to pull feeder prices higher. Feeder buyers face higher input costs.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- northernag.net: https://www.northernag.net/cattle-prices-and-placements-rise/

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