# Calf and feeder prices bounce higher

> Cash feeder steers and heifers traded steady to $5 higher during a holiday-shortened week, with some $6-8 gains later in the week. Feeder cattle futures averaged $4.59 higher, and Choice boxed beef was 53 cents higher at $191.88/cwt. Traders said wholesale beef values may have found a seasonal bottom.

- Date: 2017-09-09 · published 2017-09-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/69110-calf-and-feeder-prices-bounce-higher
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Firmer wholesale beef values and rising futures support feeder cattle prices and lower the risk of further packer-led declines. Packers' ability to hold prices steady will influence the next leg of feeder values.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- beefmagazine.com: https://www.beefmagazine.com/cattle-market-outlook/calf-and-feeder-prices-bounce-higher

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