# Feeder cattle traded higher this week, futures closed higher

> Feeder cattle traded firm to $2 per cwt higher in the week ending October 5, and CME Feeder Cattle futures closed about 96 cents higher. The CME Feeder Cattle Index reached $158.18, its highest since November, while Oklahoma State's Derrell Peel expects supplies to peak in mid-November.

- Date: 2018-10-05 · published 2018-10-05T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/62675-feeder-cattle-traded-higher-this-week-futures-closed-higher
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

A larger fall calf crop and seasonal supply peak could limit further stocker price gains, while strong wheat pasture demand partly offsets the added supply.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: neutral

## Sources

- beefmagazine.com: https://www.beefmagazine.com/cattle-market-outlook/cattle-market-weekly-audio-report-for-sat-oct-5-2018

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