# Feeder cattle futures tumble | Capital Press

> Feeder cattle futures fell sharply in the weeks before May 15, erasing gains made since March. Nearby contracts were converging toward cash prices, which had eased slightly. Strong cattle-on-feed numbers were cited as a key factor behind the decline.

- Date: 2019-05-15 · published 2019-05-15T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/59223-feeder-cattle-futures-tumble-capital-press
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Strong cattle-on-feed supplies weigh on feeder cattle prices and reduce the premium in futures. Falling feeder prices lower the value of cattle that buyers of feed would be finishing.

## Read by commodity

- FCATTLE: bearish ▼

## Sources

- capitalpress.com: https://capitalpress.com/2019/05/15/feeder-cattle-futures-tumble/

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