# U.S. livestock: Cattle rise as cash prices surge - Grainews

> Live cattle futures surged to contract highs and closed up the daily limit in most contracts on stronger cash markets and robust beef demand. Plains feedlot cattle traded $4 to $6 per cwt higher on smaller show lists. Grocers and restaurants were stocking up for Mother's Day promotions.

- Date: 2017-04-27 · published 2017-04-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5395-u-s-livestock-cattle-rise-as-cash-prices-surge-grainews
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Retail and foodservice buying ahead of promotions supports wholesale beef and fed cattle prices. Limited show lists keep packers competing for supplies.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2017-05-01 | 1 | -3.5% | -4.5 | Futures surged limit-up to contract highs days earlier, so an overextended market was vulnerable to a sharp correction and profit-taking. |

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-livestock-cattle-rise-as-cash-prices-surge/

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