Fed cattle prices, like most futures markets, have been on a rollercoaster due to unknowns surrounding the COVID-19, new coronavirus, outbreak. But part of the cattle price drop point to supply and demand economics rather than panic, according to a Texas A&M AgriLife Extension Service expert. Markets react to uncertain future David Anderson, Ph.D., AgriLife Extension economist, College Station, said fed and feeder cattle futures market prices have been volatile along with other markets as buyers and sellers navigate a future with added uncertainty. Fed cattle are those being sold by feedlots for slaughter. Feeder cattle are those that have been grazing and ...