# Cattle Futures Close Week in State of Collapse

> Live cattle futures closed sharply lower on disappointing beef demand after Thanksgiving, with contracts hitting their lowest level since mid-October. Choice cutout rose while Select fell, and lean hog futures gained on the week.

- Date: 2017-12-01 · published 2017-12-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/67599-cattle-futures-close-week-in-state-of-collapse
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Weak post-holiday beef demand and long liquidation pressure cattle futures, with feeder cattle also lower, signaling softer feedlot and feed-demand values.

## Read by commodity

- HOGS: bullish ▲
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2017/12/01/cattle-futures-close-week-state

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