# Futures, cash trade propelled higher over the week | Western Livestock Journal

> Live cattle futures rose over $5 for the week, with April at $167.55. Cash fed steers traded $165-172 through Thursday as packers covered tight slaughter needs.

- Date: 2023-03-31 · published 2023-03-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5598-futures-cash-trade-propelled-higher-over-the-week-western-livestock-journal
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Tight market-ready fed supplies and packer demand point to higher fed cattle prices, with weather-delayed northern marketings supporting the outlook.

## Read by commodity

- LCATTLE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2023-04-10 | 5 | +3.5% | 3.8 | Futures up over $5 and cash firming through March 31 supplied momentum into the start of the window as packers covered tight slaughter needs. |

## Sources

- wlj.net: https://www.wlj.net/futures-cash-trade-propelled-higher-over-the-week/

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