# Cattle markets slide on coronavirus fears | Western Livestock Journal

> Cattle markets fell last week as coronavirus fears dragged futures lower. Packers bought fed cattle about $3 cheaper, with cash trade at $119-123 live, and feeder auctions saw widespread declines.

- Date: 2020-01-31 · published 2020-01-31T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/6702-cattle-markets-slide-on-coronavirus-fears-western-livestock-journal
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Fear-driven futures selling pushed cash and feeder prices lower, and weaker demand expectations for beef weigh on feeder and fed cattle values.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | [U.S. livestock: Cattle, hogs limit down on coronavirus fears - Grainews](https://feedsoft.ai/events/6601-u-s-livestock-cattle-hogs-limit-down-on-coronavirus-fears-grainews.md) | -10.1% | -17.5% |
| LCATTLE | 2020-03-31 | [Cattle market responses to recent market turmoil \| Western Livestock Journal](https://feedsoft.ai/events/6289-cattle-market-responses-to-recent-market-turmoil-western-livestock-journal.md) | -11.3% | -16.4% |
| LCATTLE | 2020-02-26 | [Cattle Markets Experience Losses Amid Coronavirus Fears
						 \| The Cattle Site](https://feedsoft.ai/events/12060-cattle-markets-experience-losses-amid-coronavirus-fears-the-cattle-site.md) | -4.2% | -8.0% |
| LCATTLE | 2020-03-10 | [Coronavirus affecting cattle, other markets](https://feedsoft.ai/events/54074-coronavirus-affecting-cattle-other-markets.md) | -7.3% | -10.6% |
| 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 | 2020-04-01 | [U.S. livestock: Cattle, hogs limit down on coronavirus fears - Grainews](https://feedsoft.ai/events/6601-u-s-livestock-cattle-hogs-limit-down-on-coronavirus-fears-grainews.md) | -5.7% | -1.9% |
| FCATTLE | 2020-03-31 | [Cattle market responses to recent market turmoil \| Western Livestock Journal](https://feedsoft.ai/events/6289-cattle-market-responses-to-recent-market-turmoil-western-livestock-journal.md) | -8.0% | -0.4% |

## Sources

- wlj.net: https://www.wlj.net/cattle-markets-slide-on-coronavirus-fears/

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