# Get Ready for a Rebound in Live Cattle Prices

> Barchart analyst Jim Wyckoff says February live cattle futures have sold off sharply on technical selling and are now technically oversold, with RSI below 30. He sees a rebound as likely, with resistance at $226.75, a $245 upside objective and support at $220.

- Date: 2026-11-03 · published 2026-11-04T01:04:41.785Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/78909-get-ready-for-a-rebound-in-live-cattle-prices
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Historically tight U.S. beef supplies and solid consumer beef demand underpin the bullish fundamental backdrop, so a technical bounce could lift cattle prices, though this is routine chart commentary rather than a new supply shock.

## Read by commodity

- LCATTLE: bullish ▲

## Sources

- barchart.com: https://www.barchart.com/story/news/8623309/get-ready-for-a-rebound-in-live-cattle-prices

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