# Brutal week for all cattle markets | Western Livestock Journal

> Live cattle futures were limit down on March 12, 2020, with April live closing at $100.07 and feeder futures down $4.50 with March feeders at $118.82. Cattle feeders traded cattle around $109.82 live and $174.85 dressed, and boxed beef held relative strength with Choice down $1.16.

- Date: 2020-03-13 · published 2020-03-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9941-brutal-week-for-all-cattle-markets-western-livestock-journal
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Negative feeding margins on placements suggest reduced feeder cattle demand ahead, a bearish signal for feeder prices and feed demand, while firm boxed beef supports packer margins.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| FCATTLE | 2020-03-12 | 1 | -4.9% | -3.5 | Directly describes the March 12, 2020 limit-down close in live and feeder futures (feeders down $4.50), which is the move in question, driven by broad market pressure and sentiment. |
| FCATTLE | 2020-03-15 | 5 | -15.1% | -7.8 | Limit-down feeder and live cattle futures on March 12 (March feeders at $118.82) directly drove the week's decline. |
| LCATTLE | 2020-03-15 | 5 | -6.7% | -3.7 | Live cattle limit down on March 12 with April live at $100.07 directly documents the week's sharp decline. |

## Sources

- wlj.net: https://www.wlj.net/brutal-week-for-all-cattle-markets/

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