# Cattle Current Weekly Highlights-Week ending Feb. 02, 2018 – Cattle Current Market Update

> Cash calf and feeder cattle prices followed futures higher, supported by a slowing cowherd expansion and drought. Feeder cattle futures closed about $3.95 higher week over week. Fed cattle sold steady to $1 lower at mostly $126 live.

- Date: 2018-02-02 · published 2018-02-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/66634-cattle-current-weekly-highlights-week-ending-feb-02-2018-cattle-current-market
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Drought and tighter cowherd growth support feeder cattle values, raising the cost of finishing cattle for feed buyers. Expectations of tighter beef supply underpin prices.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- cattlecurrent.com: https://cattlecurrent.com/cattle-current-weekly-highlights-week-ending-feb-02-2018-2/

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