# U.S. livestock: Live cattle set nine-year low on weak cash prices, big supply - Grainews

> Front-month live cattle futures fell to a nine-year low on the CME on September 9 amid weak cash prices and large supplies. Cash cattle were expected around $98/cwt in Texas and Kansas, down from $100 a week earlier. Packers killed an estimated 115,000 cattle, versus 119,000 a year earlier.

- Date: 2019-09-09 · published 2019-09-09T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/6590-u-s-livestock-live-cattle-set-nine-year-low-on-weak-cash-prices-big-supply
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Weak cash trade and heavy supply pressure feeder and fed cattle values, and packers' control of cash pricing keeps downside pressure on the complex.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2019-09-09 | 5 | -7.0% | -4.8 | Front-month live cattle hit a nine-year low on Sept 9 on weak cash prices and large supplies, marking the end point of the move. |

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-livestock-live-cattle-set-nine-year-low-on-weak-cash-prices-big-supply/

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