# Weekly Market Update | Typical holiday week slows market

> Feeder cattle receipts were lower in a holiday week, with prices mostly steady to 2 higher and up to 6 higher on the bottom end. Slaughter cow prices were uneven but mostly steady to firm, and cow meat prices rose 2 to 3 by Thursday.

- Date: 2017-06-02 · published 2017-06-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9903-weekly-market-update-typical-holiday-week-slows-market
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Tighter receipts and buyers competing for fewer head support feeder cattle prices. The cow meat rally indicates firmer demand for slaughter cattle.

## Read by commodity

- FCATTLE: bullish ▲

## Sources

- beefmagazine.com: https://www.beefmagazine.com/cattle-market-outlook/weekly-market-update-typical-holiday-week-slows-market

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