# Fed cattle market enters the year on strong legs

> Fed cattle prices gained about $25 from mid-September lows into early January, with the cash market ending 2019 on firm footing. Choice boxed beef cutout had eased from about $240 to near $210 after holiday buying ended.

- Date: 2020-01-09 · published 2020-01-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/55231-fed-cattle-market-enters-the-year-on-strong-legs
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Steady packer demand for cattle and a seasonal rebound expected in wholesale beef support live cattle prices heading into spring.

## Read by commodity

- LCATTLE: bullish ▲

## Sources

- beefmagazine.com: https://www.beefmagazine.com/cattle-market-outlook/fed-cattle-market-enters-the-year-on-strong-legs

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