# Cattle Current Podcast-Nov. 5, 2018 – Cattle Current Market Update

> Negotiated cash fed cattle trade was largely undeveloped through late Friday, though chatter suggested packers needed inventory. Live Cattle futures closed mixed and Feeder Cattle fell an average of 46 cents on rising corn prices. Choice boxed beef was 5 cents lower at $218.50/cwt and Select was $2.78 lower at $201.47.

- Date: 2018-11-03 · published 2018-11-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11218-cattle-current-podcast-nov-5-2018-cattle-current-market-update
- 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

Rising corn costs pressured feeder cattle, and softer Select beef values reduce demand for cattle at the margin.

## Read by commodity

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

## Sources

- cattlecurrent.com: https://cattlecurrent.com/cattle-current-podcast-nov-5-2018/

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