# Cattle feeders are confused by spread - Brownfield Ag News

> Feeder cattle and live cattle futures settled sharply lower on Monday after a larger-than-expected cattle on feed placement report. Feedlot managers were confused by a wide gap between country cash bids and discounted futures, and the cattle kill was estimated at 115,000 head.

- Date: 2017-01-30 · published 2017-01-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73109-cattle-feeders-are-confused-by-spread-brownfield-ag-news
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Heavier-than-expected placements add to expected future cattle supplies, which pressures feeder and fed cattle futures. Wide cash-to-futures spreads make price discovery harder for feedlots buying feed.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-feeders-confused-spread/

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