# Cattle futures sharply lower to start the week - Brownfield Ag News

> Live and feeder cattle futures closed sharply lower at the Chicago Mercantile Exchange, with feeders leading the decline as corn rallied. Cash cattle trade was quiet with few deals, and showlists were larger across major feeding areas. Boxed beef closed higher on good demand.

- Date: 2021-01-04 · published 2021-01-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10525-cattle-futures-sharply-lower-to-start-the-week-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Rising corn prices raise feeding costs and reduce what feedlots can pay for feeder cattle. Larger showlists add near-term supply pressure on cash prices.

## Read by commodity

- CORN: bullish ▲
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-sharply-lower-to-start-the-week-2/

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