# Is a recession looming? Maybe not

> The fed cattle market has recovered from the Tyson Holcomb plant fire, with sales near $113 per cwt in October. USDA's October Cattle on Feed report showed marketings on pace with last year and a 120-day inventory in line with seasonal patterns.

- Date: 2019-11-07 · published 2019-11-07T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/56192-is-a-recession-looming-maybe-not
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Expected reopening of the Holcomb plant within 60 days should let the industry absorb larger supplies, while CME April contracts trade at lifetime highs, indicating firm forward cattle prices and steady feed demand.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: bullish ▲

## Sources

- beefmagazine.com: https://www.beefmagazine.com/cattle-market-outlook/is-a-market-recession-looming-maybe-not

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