# Cattle Current Weekly Highlights—Week ending May 3, 2019 – Cattle Current Market Update

> Cattle futures and cash fed cattle prices fell during the week ending May 3, with feeder futures averaging $6.73 lower week to week. Live fed cattle traded $3 to $4 lower in the Southern Plains, and steers and heifers sold $0 to $7 per cwt lower nationally. Grass cattle demand weakened as buyers reacted to the futures decline.

- Date: 2019-05-04 · published 2019-05-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9544-cattle-current-weekly-highlights-week-ending-may-3-2019-cattle-current-market
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Weaker grass-cattle demand and lower cash prices reduce the value of feeder cattle and the feed demand tied to them. The price direction points lower for cattle complex inputs and returns.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2019-05-06 | 5 | -6.2% | -3.6 | Weekly summary shows futures and cash fed cattle falling ($3-4 lower in the Southern Plains) with weaker grass cattle demand, confirming broad price pressure within the window. |
| LCATTLE | 2019-05-02 | 5 | -5.2% | -3.8 | Weekly summary shows cash fed cattle $3-4 lower and futures down, confirming a demand and price decline, though it covers the period after the move window. |

## Sources

- cattlecurrent.com: https://cattlecurrent.com/cattle-current-weekly-highlights-week-ending-may-03-2019/

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