# Technical Improvement and Western Moisture Conditions | Ohio BEEF Cattle Letter

> A Colorado State analyst says live and feeder cattle charts show signals that the multi-year downtrend is ending, with feeder cattle recovering above $130 support after a $20 rally since mid-October. The analyst notes herd expansion and soft demand remain the fundamentals.

- Date: 2017-02-01 · published 2017-02-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/72628-technical-improvement-and-western-moisture-conditions-ohio-beef-cattle-letter
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A technical trend reversal suggests possible price support for cattle, but the analyst still sees weak fundamentals that cap the rally.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- u.osu.edu: https://u.osu.edu/beef/2017/02/01/technical-improvement-and-western-moisture-conditions/

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