# Live Cattle Commodity Update for the Week Ending Sep 06, 2024 | Farms.com

> Live cattle prices fell about 1.9% over the week to 175.175 and were down about 2.2% over the month. The commodity is also down roughly 7% from a year earlier. Weekly volume totaled 82,260 contracts.

- Date: 2024-09-02 · published 2024-09-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9967-live-cattle-commodity-update-for-the-week-ending-sep-06-2024-farms-com
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Continued price declines reflect soft cattle demand and ample supply in the futures market. Traders should expect cattle prices to stay under pressure until fundamentals improve.

## Read by commodity

- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2024-09-06 | 5 | -3.4% | -3.0 | Weekly summary confirms a roughly 1.9% weekly drop in live cattle, consistent with the move but descriptive rather than causal. |
| LCATTLE | 2024-09-02 | 1 | -2.2% | -4.6 | Weekly summary shows live cattle prices lower with a roughly 2% decline, consistent with the magnitude of the move, though it is mostly descriptive. |

## Sources

- farms.com: https://www.farms.com/ag-industry-news/live-cattle-commodity-update-for-the-week-ending-sep-06-2024

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