# Cattle fall as consumers opt for cheaper meats - CME
						 | The Cattle Site

> CME live and feeder cattle futures fell on renewed worries that inflation-squeezed consumers cannot afford pricey cuts. Lean hog futures also declined on a seasonal lull and heavy supply, and USDA data showed lower boxed beef and pork cutout values. Tyson's CFO said consumers are shifting toward chicken and ground beef.

- Date: 2024-09-05 · published 2024-09-05T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9962-cattle-fall-as-consumers-opt-for-cheaper-meats-cme-the-cattle-site
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Weaker demand for premium beef and pork and a shift toward cheaper proteins pressure cattle and hog prices, while supporting chicken demand. Producers have not yet rebuilt herds, so tight supply limits how far beef prices can fall.

## Read by commodity

- HOGS: bearish ▼
- CHICKEN: bullish ▲
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2024-09-06 | 5 | -3.4% | -3.0 | Demand worries as inflation-squeezed consumers shift to cheaper proteins plus lower boxed beef cutout weighed on cattle futures. |

## Sources

- thecattlesite.com: https://www.thecattlesite.com/news/cattle-fall-as-consumers-opt-for-cheaper-meats-cme

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