# Agriculture Market Summary

> The Texas Department of Agriculture daily summary for March 21, 2017 reported higher feeder cattle and futures prices, with CME March feeder futures up 53 cents. Fed cattle futures rose and boxed beef values gained, while grain and soybean prices fell. Cotton and crude oil were lower.

- Date: 2017-03-21 · published 2017-03-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10727-agriculture-market-summary
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Tight feeder cattle supplies and firmer boxed beef values support cattle prices, while lower corn prices reduce feed costs for cattle feeders.

## Read by commodity

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

## Sources

- texasagriculture.gov: https://texasagriculture.gov/News-Events/Agriculture-Market-Summary/Article/4064/Texas-Daily-Ag-Market-News-Summary-03212017

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