# U.S. live cattle futures jump on fund-driven buying | Reuters

> U.S. live cattle futures rose as fund buying added to the rally. The move followed strength in cash and wholesale beef prices.

- Date: 2019-10-30 · published 2019-10-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9664-u-s-live-cattle-futures-jump-on-fund-driven-buying-reuters
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Fund-led buying lifts futures ahead of cash fed cattle, supporting feeder cattle and feed demand expectations. Stronger cattle values tend to support feeder purchasing.

## Read by commodity

- LCATTLE: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/article/business/us-live-cattle-futures-jump-on-fund-driven-buying-idUSL2N27F2JN/

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