# LIVESTOCK-Cattle futures rally on tightening supplies, strong cash market — Spot On New Mexico

> US live cattle futures rose as much as 2% and feeder cattle futures gained up to 3% on January 6. The moves were attributed to tighter supplies and a strong cash market.

- Date: 2020-01-06 · published 2020-01-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/55232-livestock-cattle-futures-rally-on-tightening-supplies-strong-cash-market-spot
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Tighter cattle supplies lift the cost of feeder inputs and reinforce higher finished-cattle values for feedlots and buyers.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| FCATTLE | 2020-01-06 | 1 | +2.8% | 3.1 | Same-day report attributes the feeder cattle futures gain of up to 3% on January 6 to tighter supplies and a strong cash market, directly matching the move's timing and size. |

## Sources

- spotonnewmexico.com: https://spotonnewmexico.com/nm-non-local-sources/213850/livestock-cattle-futures-rally-on.html

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