# Cattle Futures at Contract Lows, Once Again – Schad Commodity

> Cattle futures fell about $10 within two weeks and were trading near $115.25 per cwt at the Chicago Mercantile Exchange after a small bounce. Analysts cited ample beef supplies, sluggish domestic demand and exports, and more animals heading to feedlots.

- Date: 2016-06-22 · published 2016-06-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9292-cattle-futures-at-contract-lows-once-again-schad-commodity
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Heavy supplies and weak demand keep live and feeder cattle prices under pressure, lowering the value of cattle and the cost outlook for feed buyers.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- schadcommodity.com: https://schadcommodity.com/cattle-futures-at-contract-lows-once-again/

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