# Cash cattle trade continues to head higher | Western Livestock Journal

> Cash cattle trade started slowly the week of November 15, 2021, but packers paid a couple of dollars more by week's end, with live steers near $131.42 for the week ending November 13. Cash volume of 118,797 head was the largest weekly total of 2021, and futures rose ahead of Thanksgiving.

- Date: 2021-11-19 · published 2021-11-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9547-cash-cattle-trade-continues-to-head-higher-western-livestock-journal
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Tight market-ready fed cattle supplies and higher packer bids point to firmer fed cattle prices, supporting cattle feeding margins and feed demand.

## Read by commodity

- LCATTLE: bullish ▲

## Sources

- wlj.net: https://www.wlj.net/cash-cattle-trade-continues-to-head-higher/

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