# Cattle futures closed sharply lower - Brownfield Ag News

> Cattle futures closed sharply lower on Friday after triple-digit losses in live cattle contracts, with profit-taking and losses in deferred live cattle cited as drivers. Boxed beef cutout values were sharply higher on moderate to good demand, and analysts warned of continued price volatility.

- Date: 2017-05-05 · published 2017-05-05T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11579-cattle-futures-closed-sharply-lower-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Heavy futures selling pressures feeder and fed cattle values even as strong beef demand supports the cash market, so buyers should expect wide price swings.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-closed-sharply-lower-4/

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