# Klassen: Feeder cattle falter under fed cattle uncertainty - Grainews

> Western Canadian yearling prices fell $2 to $4 on average in the week ending Aug. 20, 2019. U.S. feeder cattle dropped US$4 to $8 after the Aug. 9 Tyson fire, which kept U.S. buyers out of the Canadian market. April 2020 live cattle futures had fallen US$9 since late July.

- Date: 2019-08-20 · published 2019-08-20T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/57737-klassen-feeder-cattle-falter-under-fed-cattle-uncertainty-grainews
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Weaker U.S. live cattle futures and uncertainty over fourth-quarter fed cattle prices push feeder values down as buyers add a risk discount. Feedlot margins are negative, which limits demand for feeder animals.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- grainews.ca: https://www.grainews.ca/daily/klassen-feeder-cattle-falter-under-fed-cattle-uncertainty/

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