# Cattle futures continue to slide - Brownfield Ag News

> Live cattle futures closed mostly limit down at the CME, with October live cattle down $4.50 at $99.25. Feeder cattle also fell, though losses were limited by a lower corn move. Direct cash cattle trade remained at a standstill.

- Date: 2019-08-13 · published 2019-08-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7608-cattle-futures-continue-to-slide-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Reduced packing capacity from the Kansas plant fire continues to pressure cattle prices. A stalled cash market keeps price discovery thin and adds to downside risk.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2019-08-15 | 5 | -4.4% | -3.7 | October live cattle closed mostly limit down ($4.50 lower) with cash trade at a standstill, showing the immediate price impact of the lost slaughter capacity. |
| FCATTLE | 2019-08-12 | 5 | -8.5% | -4.6 | Live cattle closed limit down and feeder cattle fell with them, though a lower corn move limited the losses. This shows the slaughter-capacity shock passing through to feeders. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-continue-to-slide/

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