# Cattle Current Weekly Highlights-Week ending Nov. 17-2017 – Cattle Current Market Update

> Cattle markets softened through the week ending Nov 17, 2017, as wholesale beef values fell and packers were well stocked ahead of Thanksgiving. Negotiated fed cattle traded $2-$4 lower at mostly $119-$120/cwt. Feeder cattle futures averaged $4.55 lower week over week.

- Date: 2017-11-17 · published 2017-11-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6091-cattle-current-weekly-highlights-week-ending-nov-17-2017-cattle-current-market
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lower fed cattle and boxed beef prices weaken feedlot margins and reduce the appetite for feeder cattle and feed. Market direction remains tied to retail beef demand and packer buying.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- cattlecurrent.com: https://cattlecurrent.com/cattle-current-weekly-highlights-week-ending-nov-10-2017-2/

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