# Cattle market responses to recent market turmoil | Western Livestock Journal

> Live cattle futures fell from about $112/cwt in February to $86/cwt in March as the Dow dropped below 19,000 amid COVID-19 economic concerns. Cash fed cattle declined from nearly $120 to about $106/cwt over the same period. Labor disruptions at packing plants are also a risk.

- Date: 2020-03-31 · published 2020-03-31T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/6289-cattle-market-responses-to-recent-market-turmoil-western-livestock-journal
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Expectations of weaker demand and possible packing disruptions are driving cattle prices lower, which affects feed demand from feedlots.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2020-01-31 | [Cattle markets slide on coronavirus fears \| Western Livestock Journal](https://feedsoft.ai/events/6702-cattle-markets-slide-on-coronavirus-fears-western-livestock-journal.md) | -1.2% | -5.6% |
| LCATTLE | 2018-04-02 | [Mixed macroeconomic signals shake cattle markets \| Western Livestock Journal](https://feedsoft.ai/events/11969-mixed-macroeconomic-signals-shake-cattle-markets-western-livestock-journal.md) | -2.6% | +2.8% |
| LCATTLE | 2020-04-01 | [Kay’s Korner: Industry looks to grilling season \| Western Livestock Journal](https://feedsoft.ai/events/6291-kay-s-korner-industry-looks-to-grilling-season-western-livestock-journal.md) | -10.1% | -17.5% |
| LCATTLE | 2017-04-22 | [Beef exports key to market improvement – Wyoming Livestock Roundup](https://feedsoft.ai/events/71630-beef-exports-key-to-market-improvement-wyoming-livestock-roundup.md) | +4.5% | +1.0% |
| LCATTLE | 2020-01-27 | [How External Factors Play a Role in the Cattle Market](https://feedsoft.ai/events/6709-how-external-factors-play-a-role-in-the-cattle-market.md) | -1.3% | -4.1% |
| FCATTLE | 2020-01-31 | [Cattle markets slide on coronavirus fears \| Western Livestock Journal](https://feedsoft.ai/events/6702-cattle-markets-slide-on-coronavirus-fears-western-livestock-journal.md) | -4.6% | -7.8% |
| FCATTLE | 2018-04-02 | [Mixed macroeconomic signals shake cattle markets \| Western Livestock Journal](https://feedsoft.ai/events/11969-mixed-macroeconomic-signals-shake-cattle-markets-western-livestock-journal.md) | -0.2% | +4.7% |
| FCATTLE | 2017-04-22 | [Beef exports key to market improvement – Wyoming Livestock Roundup](https://feedsoft.ai/events/71630-beef-exports-key-to-market-improvement-wyoming-livestock-roundup.md) | +7.9% | +3.5% |

## Sources

- wlj.net: https://www.wlj.net/cattle-market-responses-to-recent-market-turmoil/

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