# Pete's Comments: Cattle numbers | Western Livestock Journal

> Pete Crow comments on the NCBA convention and the January cattle inventory report, which showed slowing herd growth and replacement heifers at 96% of the prior year. Fed cattle cash trade reached about $126-127 after a volatile period in futures.

- Date: 2018-02-02 · published 2018-02-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/66457-pete-s-comments-cattle-numbers-western-livestock-journal
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Slowing herd growth supports cattle prices, but large supplies and volatile futures keep the balance between bulls and bears uncertain.

## Read by commodity

- LCATTLE: neutral

## Sources

- wlj.net: https://www.wlj.net/petes-comments-cattle-numbers/

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