# U.S. livestock: Live cattle hits 8-month low on cash prices - Country Guide

> CME live cattle futures fell to an eight-month low on Aug. 9, driven by fund liquidation and cash cattle trading below expectations at $115 per cwt. CME feeder cattle dropped by their daily limit as August feeders closed at 141.525 cents.

- Date: 2017-08-09 · published 2017-08-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/69590-u-s-livestock-live-cattle-hits-8-month-low-on-cash-prices-country-guide
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lower cash cattle prices and a weaker futures complex reduce the value of livestock on feed, which can cut feedlot demand for feed grains and protein.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- country-guide.ca: https://www.country-guide.ca/daily/u-s-livestock-live-cattle-hits-8-month-low-on-cash-prices/

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