# The bad news-good news story of cattle markets | Western Livestock Journal

> An Oklahoma State Extension commentary on Nov 16, 2017, describes cattle markets as a mix of bad and good news. Cash fed cattle had pulled back from highs near $124/cwt to a $120-121 range. Feeder futures had moved lower from early November peaks, with speculative long positions adding downside risk.

- Date: 2017-11-16 · published 2017-11-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6093-the-bad-news-good-news-story-of-cattle-markets-western-livestock-journal
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Large speculative long positions make futures vulnerable to sharp corrections, which affects forward pricing for feeder and fed cattle. Cash feeder strength supports cow-calf returns but squeezes stocker margins.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Sources

- wlj.net: https://www.wlj.net/the-bad-news-good-news-story-of-cattle-markets/

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