# Wild swings in the markets | Western Livestock Journal

> Extreme price swings hit cattle markets in the last week of February 2020. April live cattle futures fell more than $10 per cwt, and the weekly fed cattle price dropped $4.86 to $114.85. Options premiums rose sharply as volatility increased.

- Date: 2020-03-04 · published 2020-03-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/54262-wild-swings-in-the-markets-western-livestock-journal
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Concerns about lower beef demand from coronavirus and financial-market stress pushed cattle values down, raising hedging costs for feeders. The article describes a past move that is now largely reflected in prices.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2020-03-02 | 5 | -5.0% | -3.1 | April live cattle fell over $10 in the last week of February and cash dropped $4.86, describing the magnitude of the move. |

## Sources

- wlj.net: https://www.wlj.net/wild-swings-in-the-markets/

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