# Light cash cattle business develops Thursday - Brownfield Ag News

> CME live and feeder cattle futures fell sharply after light, lower direct cash cattle trade. Cash trade in Kansas, Texas and Nebraska was reported $1 to $2 lower than the prior week. Feeder cattle sales in South Dakota were mostly steady, and USDA estimated slaughter at 124,000 head.

- Date: 2024-09-05 · published 2024-09-05T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9965-light-cash-cattle-business-develops-thursday-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lower cash cattle trade and steady slaughter pressure futures, so feeder and fed cattle values face downside. Pressure from packers and light trade points to weaker near-term prices.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2024-09-06 | 5 | -3.4% | -3.0 | Light, lower cash trade ($1-2 below prior week) on Sept 5 signaled weaker fed cattle prices and pushed futures sharply lower. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/light-cash-cattle-business-develops-thursday/

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