# U.S. livestock: Live cattle gain before USDA report, but off highs - Country Guide

> Live cattle posted modest gains on Aug. 25 ahead of the USDA Cattle on Feed report, but futures slipped off session highs as packers paid less for cash cattle. Analysts expected placements to be up 6.2% year over year in July, and traders were watching Hurricane Harvey's effect on Texas cattle.

- Date: 2017-08-25 · published 2017-08-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/69586-u-s-livestock-live-cattle-gain-before-usda-report-but-off-highs-country-guide
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Cash cattle weakness and a larger expected placement pace point to ample supply, which tends to cap livestock prices and feedlot demand for feed.

## Read by commodity

- LCATTLE: neutral

## Sources

- country-guide.ca: https://www.country-guide.ca/daily/u-s-livestock-live-cattle-gain-before-usda-report-but-off-highs/

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