# Fed Cattle Recap | Cash market continues bullish uptick

> The weekly weighted average Five Area cash steer price rose to $124.40 for the week ending February 25, about $4.81 higher than the prior week. The cash dressed steer price jumped $6 to $195.90, and forward contracts were large for February through April.

- Date: 2017-02-28 · published 2017-02-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8679-fed-cattle-recap-cash-market-continues-bullish-uptick
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Rising cash fed cattle prices and a strong carcass price point to firmer live cattle futures, and ample forward contracts indicate packers have supply secured.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2017-02-27 | 1 | +2.7% | 3.8 | Five Area cash steer price jumped about $4.81 and dressed cash up $6 in the week ending Feb 25, a bullish cash signal that pulls futures higher toward cash. |

## Sources

- beefmagazine.com: https://www.beefmagazine.com/cattle-market-outlook/fed-cattle-recap-cash-market-continues-bullish-uptick

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