# U.S. live cattle futures near three-year low on weak cash prices | Financial Post

> Front-month live cattle futures fell their daily limit on Sept. 6 to a contract low of 94.875 cents per pound, the lowest since 2016. The drop followed weak cash cattle prices at $100 per cwt, down from $103, and falling wholesale beef values after Labor Day. Feeder cattle futures also declined.

- Date: 2019-09-06 · published 2019-09-06T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/57217-u-s-live-cattle-futures-near-three-year-low-on-weak-cash-prices-financial-post
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Weak cash cattle and beef cutout values signal softer demand for fed cattle, pressuring futures and feeder cattle values. Technical selling after the breakdown of trading ranges added to the decline.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2019-09-06 | 5 | -5.6% | -4.1 | Futures fell the daily limit to a contract low on Sept 6 on weak cash prices and falling wholesale beef, directly driving the 5-day decline. |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/u-s-live-cattle-futures-near-three-year-low-on-weak-cash-prices

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