# Reading feeder cattle futures markets

> Canadian Cattlemen market commentary by Jerry Klassen explains the CME feeder cattle futures contract and the cash-futures basis. It notes steer prices fell from over $300/cwt in September 2015 to $198 in February 2017. The piece encourages hedging and use of Western Livestock Price Insurance.

- Date: 2017-04-01 · published 2017-04-01T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/72140-reading-feeder-cattle-futures-markets
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

The article is educational on risk management and does not identify a new supply or demand shock. Basis and hedging dynamics influence how Canadian producers realize feeder prices.

## Read by commodity

- FCATTLE: neutral

## Sources

- canadiancattlemen.ca: https://www.canadiancattlemen.ca/market-talk/reading-feeder-cattle-futures-markets/

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