# Cattle Market Weekly Audio Report for Sept. 28, 2019

> Feeder cattle prices kept rising through the week ending Sept. 28, with futures closing about $5 higher on the week. Steers and heifers sold $4 to $8 per cwt higher in the North and South Central regions. Buyer confidence improved after a bullish Cattle on Feed report showed much lower feedyard placements.

- Date: 2019-09-28 · published 2019-09-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/57215-cattle-market-weekly-audio-report-for-sept-28-2019
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Smaller feedlot placements tighten fed cattle supply for coming months, supporting fed and feeder cattle prices. Strong auction receipts and steady grazing demand also reflect improved producer sentiment.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- beefmagazine.com: https://www.beefmagazine.com/cattle-market-outlook/cattle-market-weekly-audio-report-for-sept-28-2019

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