# Are cattle traders trying to catch a falling knife?

> Commentary argues that cattle traders who bought the fed cattle market expecting a bottom were caught out when August prices broke to new lows. Cash fed cattle traded around $110 in late August, below the July low of $114-115. The author warns that calling the bottom is very difficult.

- Date: 2016-09-08 · published 2016-09-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9462-are-cattle-traders-trying-to-catch-a-falling-knife
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

The commentary reflects a continued downtrend in fed cattle values, which pressures feeder and live cattle futures. It offers no new supply or demand driver beyond the price break already seen.

## Read by commodity

- LCATTLE: bearish ▼

## Sources

- beefmagazine.com: https://www.beefmagazine.com/cattle-market-outlook/are-cattle-traders-trying-to-catch-a-falling-knife-

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