Cattle Markets Plunge as Recession Fears Loom

Recent Live Cattle Futures and Feeder Cattle Prices

As of 08:42 AM today, October live cattle futures are down 0.38 at 177.65, while September feeder cattle futures have also declined.

Grain and Soy Markets Show Strength

In contrast to the cattle markets, grain and soy markets are experiencing firmness, with wheat leading the way. This is reflected in the periodic updates provided on the Grains Livestock Futures Markets website.

DTN Analysis of Cattle Market Decline

According to DTN Analysts, the downward trend in cattle markets is attributed to ongoing recession fears. This analysis was reported in their mid-morning update on Tuesday.