# Pete's Comments: Demand will carry us | Western Livestock Journal

> WLJ publisher Pete Crow says futures have been in a steep decline, with the deferred live cattle contracts at their lowest levels over the life of those contracts. He notes cattle on feed are about 8% above a year earlier, but argues beef demand remains strong.

- Date: 2018-03-26 · published 2018-03-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/66133-pete-s-comments-demand-will-carry-us-western-livestock-journal
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Futures discounting a large feedlot supply pushes deferred cattle prices lower, which weighs on cattle-feed demand, while the strength of beef demand may limit the downside.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- wlj.net: https://www.wlj.net/petes-comments-demand-will-carry-us/

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