# Market Wrap-Up: March 1, 2021 | Western Livestock Journal

> Live and feeder cattle prices fell on 1 March 2021 and cash trade stalled with no meaningful volume established. The April live cattle contract dropped $1.02 to $118.97, and the Choice boxed beef cutout lost $1.50. Analysts said feedlots were frustrated with cash prices.

- Date: 2021-03-01 · published 2021-03-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7327-market-wrap-up-march-1-2021-western-livestock-journal
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Weak cash trade and lower cutout values point to continued pressure on live cattle futures. Feed buyers face a softer cattle complex in the near term.

## Read by commodity

- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2021-03-01 | 1 | +2.6% | 4.3 | Market wrap for 1 March reports April live cattle falling, cash trade stalled and the beef cutout lower, showing weak demand and sentiment on the day of the move. |

## Sources

- wlj.net: https://www.wlj.net/market-wrap-up-march-1-2021/

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