# How External Factors Play a Role in the Cattle Market

> Live and feeder cattle futures were down most of the week, and the Cattle on Feed report was neutral. Slaughter ran strong at 647,000 head, and China reported a coronavirus outbreak that is associated with respiratory illness.

- Date: 2020-01-27 · published 2020-01-27T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/6709-how-external-factors-play-a-role-in-the-cattle-market
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Strong slaughter and weak cash prices, combined with coronavirus fears, pressure cattle futures and feeder values.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2018-02-05 | [Place your bet on fed cattle market](https://feedsoft.ai/events/66625-place-your-bet-on-fed-cattle-market.md) | -0.3% | -1.3% |
| LCATTLE | 2018-03-27 | [The big picture scares cattle markets](https://feedsoft.ai/events/66132-the-big-picture-scares-cattle-markets.md) | -3.4% | +0.8% |
| 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 | 2017-01-03 | [A new year for cattle markets -  \| Ag Proud](https://feedsoft.ai/events/73127-a-new-year-for-cattle-markets-ag-proud.md) | -0.9% | +0.4% |
| 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% |
| FCATTLE | 2018-02-05 | [Place your bet on fed cattle market](https://feedsoft.ai/events/66625-place-your-bet-on-fed-cattle-market.md) | -3.1% | -3.8% |
| FCATTLE | 2018-03-27 | [The big picture scares cattle markets](https://feedsoft.ai/events/66132-the-big-picture-scares-cattle-markets.md) | -3.3% | +3.1% |
| FCATTLE | 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) | +0.4% | -2.1% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/sort-cull/blog-post/2020/01/27/external-factors-play-role-cattle

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