# Cattle Rallying for Turnaround Tuesday

> Live and feeder cattle futures rebounded after hitting new lows, with February live cattle up about 2.6% and feeder cattle gaining 3.1% to 3.6%. Wholesale boxed beef prices fell, with Choice down 78 cents, and Monday slaughter was 123,000 head.

- Date: 2023-11-28 · published 2023-11-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7869-cattle-rallying-for-turnaround-tuesday
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A routine technical bounce after a sell-off, with weaker boxed beef limiting upside; the price direction for cattle is mixed.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- barchart.com: https://www.barchart.com/story/news/22337537/cattle-rallying-for-turnaround-tuesday

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