# Early Summer Apocalypse? - Northern Ag Network

> DTN analyst John Harrington says June live cattle futures slipped below 114 for the first time since May 2012. He argues the futures sell-off is overdone, since beef supplies will rise only modestly above the early summer of 2015. He describes the decline as a larger seasonal swing than typical.

- Date: 2016-04-30 · published 2016-04-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6005-early-summer-apocalypse-northern-ag-network
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

The futures decline reflects market sentiment more than a major supply shock, so cash prices may find support if supplies stay near forecasts. Buyers should watch whether futures discounts to cash narrow.

## Read by commodity

- LCATTLE: bearish ▼

## Sources

- northernag.net: https://www.northernag.net/early-summer-apocalypse/

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