# Cattle Current-Week ending June 30 – Cattle Current Market Update

> Feeder cattle traded mainly steady to higher the week ending June 30, while cash fed cattle fell $3-$5 to mostly $118-$119 per cwt. Drought in the Northern Plains is pushing feeder cattle and stocker cows to market earlier than usual.

- Date: 2017-07-02 · published 2017-07-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/70107-cattle-current-week-ending-june-30-cattle-current-market-update
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Drought-driven early marketing of feeders adds near-term supply, while lower cash fed cattle and cutout values signal softer beef demand heading into the July holiday.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: bearish ▼

## Sources

- cattlecurrent.com: https://cattlecurrent.com/cattle-current-week-ending-june-30/

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