# Bovine flu still adding pressure in the marketplace | Western Livestock Journal

> Cattle markets had a volatile week after dairy cattle tested positive for H5N1, and live cattle futures lost several dollars. A positive turn came when USDA reported no H5N1 traces in ground beef samples, but the market could not regain momentum. Cash cattle traded in the mid-$180s live, with slaughter running below the prior week.

- Date: 2024-05-03 · published 2024-05-03T12:00:00.000Z
- Category: disease · region US · magnitude low
- Page: https://feedsoft.ai/events/5413-bovine-flu-still-adding-pressure-in-the-marketplace-western-livestock-journal
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Bird flu concerns and tight fed cattle supplies are pressuring cattle futures and limiting upside. Lower live cattle prices affect feeder cattle values and the feed demand that follows from cattle placements.

## Read by commodity

- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2020-05-15 | [The divergence in beef marketing margins \| Western Livestock Journal](https://feedsoft.ai/events/53256-the-divergence-in-beef-marketing-margins-western-livestock-journal.md) | +6.2% | +5.2% |
| LCATTLE | 2020-03-02 | [Markets fall apart on virus fear \| Western Livestock Journal](https://feedsoft.ai/events/5308-markets-fall-apart-on-virus-fear-western-livestock-journal.md) | -5.1% | -9.3% |
| LCATTLE | 2024-04-05 | [Pete's Comments: April Fools’ Day \| Western Livestock Journal](https://feedsoft.ai/events/6737-pete-s-comments-april-fools-day-western-livestock-journal.md) | -1.0% | -2.4% |
| LCATTLE | 2024-04-05 | [HPAI uncertainty leads to major futures selloff \| Western Livestock Journal](https://feedsoft.ai/events/6735-hpai-uncertainty-leads-to-major-futures-selloff-western-livestock-journal.md) | -1.0% | -2.4% |
| LCATTLE | 2021-11-26 | [First Thing Today: Grain, livestock markets expected to face pressure from global risk-off trade after Thanksgiving - Pro Farmer](https://feedsoft.ai/events/11600-first-thing-today-grain-livestock-markets-expected-to-face-pressure-from-global.md) | +1.8% | +1.2% |

## Sources

- wlj.net: https://www.wlj.net/bovine-flu-still-adding-pressure-in-the-marketplace/

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