# Cattle futures slide ahead of significant cash trade - Brownfield Ag News

> CME live and feeder cattle futures closed lower on Oct 31 ahead of widespread direct cash trade and concerns about long-term beef demand. December live cattle fell $1.07 to $117.22 and November feeder cattle fell $0.27 to $147.60. Direct cash trade was light, with Kansas steady to $2 higher.

- Date: 2019-10-31 · published 2019-10-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/56729-cattle-futures-slide-ahead-of-significant-cash-trade-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Weaker futures and cautious cash bids signal softer near-term cattle values for feedlot buyers. Demand concerns add downside pressure.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2019-10-31 | 1 | +3.5% | 4.5 | Same-day report that Dec live cattle futures fell $1.07 on Oct 31 on beef-demand worries and pre-cash-trade positioning, but it describes a decline whereas the 3.45% move direction is ambiguous (it may be a rebound), so relevance is tempered. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-slide-ahead-of-significant-cash-trade/

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