# Cattle mostly lower, waiting for widespread direct trade - Brownfield Ag News

> Live cattle futures were mostly modestly lower ahead of widespread direct cash trade, with December up $0.67 at $116.10. Feeder cattle were weak to sharply lower, with January down $0.77 at $145.82. Choice boxed beef fell $0.54 to $218.22 on light demand and the estimated slaughter was 119,000 head.

- Date: 2018-11-07 · published 2018-11-07T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11219-cattle-mostly-lower-waiting-for-widespread-direct-trade-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Soft boxed beef and weak feeder values signal limited near-term support for cattle prices until cash trade establishes a clearer level.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-mostly-lower-waiting-for-widespread-direct-trade/

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