# Cattle market responses to recent market turmoil - Progressive Cattle | Ag Proud

> Oklahoma State extension specialist Derrell Peel describes extreme cattle market volatility since February. Live cattle futures fell from about $112 to $86 per cwt before partly recovering, while cash fed cattle dropped from nearly $120 to about $106 and then rebounded to about $119.

- Date: 2020-03-31 · published 2020-03-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/54256-cattle-market-responses-to-recent-market-turmoil-progressive-cattle-ag-proud
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Feedlot and feeder buyers face wide swings in cattle values tied to COVID-19 demand fears, packer labor risks and rising beef output, which affects feeder cattle and cattle-linked feed demand.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Sources

- agproud.com: https://www.agproud.com/articles/53697-cattle-market-responses-to-recent-market-turmoil

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