{
  "id": 6689516,
  "title": "Live Cattle Prices Are Moving Up and Just Hit a 2-Week High",
  "url": "https://urgent.news/2026/09/09/live-cattle-prices-are-moving-up-and-just-hit-a-2-week-high",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-09T15:20:26.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/commodities/articles/live-cattle-prices-moving-just-152026043.html"
  },
  "original_language": "en",
  "account": "Live cattle prices have risen and recently achieved a 2-week high. According to the daily bar chart of December live cattle futures, prices surged to a two-week high on Tuesday. A bullish double-bottom reversal pattern has also emerged on the chart. Furthermore, the Moving Average Convergence Divergence (MACD) indicator is exhibiting a bullish outlook, as the blue MACD line has recently crossed above the red trigger line, and both lines are trending upwards. Simultaneously, Brazil's coffee supply is diminishing, adding to the market's volatility. Despite rising prices at the meat counter, consumer demand for beef in the U.S. remains strong. The nation's cattle supplies are at historically low levels, but the recently announced proclamation by President Donald Trump to increase U.S. small beef processor production has provided a psychological uplift for the cattle industry. If December live cattle futures surpass the chart resistance of $220.00, the bullish momentum could strengthen, rendering it an opportune time for buying. The ideal price target for this upward movement is $240.00 or higher. Should prices dip to a support level of $211.225, it would be prudent to place a protective sell stop. The information provided herein is not a recommendation to buy or sell, nor does it constitute financial advice. It is crucial to remember that trading futures and options entails substantial risk and is not suitable for all investors. Before engaging in such activities, investors must thoroughly understand the risks involved and ensure they can afford potential losses beyond their initial investment. The Commodity Futures Trading Commission (CFTC) has emphasized that futures trading is a complex and volatile endeavor. The author of this article, Jim Wyckoff, has neither directly nor indirectly held positions in any of the securities mentioned within this article as of the date of publication. All data and information in this article are intended solely for informational purposes.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}