# Cash market up but futures lagging; cattle feeders making profits | TheFencePost.com

> Cash cattle prices rose unexpectedly while live cattle futures lagged, widening the basis to record levels. Rabobank attributed this to concern over a possible oversupply in the pipeline and growing supplies of competing proteins. Beef exports were robust and domestic demand was solid.

- Date: 2017-05-31 · published 2017-05-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9902-cash-market-up-but-futures-lagging-cattle-feeders-making-profits-thefencepost
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

A record cash premium over futures encourages aggressive marketing of fed cattle and pressures the futures curve. Strong beef export demand supports cash prices.

## Read by commodity

- LCATTLE: bullish ▲

## Sources

- thefencepost.com: https://www.thefencepost.com/news/cash-market-up-but-futures-lagging-cattle-feeders-making-profits/

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