# Cash cattle pressures futures - Brownfield Ag News

> CME cattle futures closed lower as contracts followed weaker cash cattle prices, with June live cattle down $0.65 to $102.40 and August feeder cattle down $1.10 to $137.62. Cash cattle traded in a wide range of $112 to $118 live, and some of that business was expected to be for delayed delivery.

- Date: 2018-05-18 · published 2018-05-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11036-cash-cattle-pressures-futures-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Cash cattle prices set the level that futures track, so weaker cash trade pushes down feeder and fed cattle values. Feeder buyers should expect lower prices if cash trade does not recover.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cash-cattle-pressures-futures/

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