# Market Wrap-Up: November 22, 2021 | Western Livestock Journal

> Live cattle futures rose on Monday, with the December contract up 90 cents to $134.42 and February up $1.27 to $138.97. Cash trade and boxed beef prices also firmed, with the Choice cutout up 84 cents to $279.25, and feeder cattle futures rallied.

- Date: 2021-11-22 · published 2021-11-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/12510-market-wrap-up-november-22-2021-western-livestock-journal
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Higher boxed beef values and firm cash trade indicate strong packer demand for fed cattle, which supports feeder cattle prices and the value of cattle relative to feed costs.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2021-11-29 | 5 | +3.8% | 2.9 | Nov 22 futures gains (Dec +90 cents, Feb +$1.27) with firmer cash and cutout show the start of the window's upward move. |

## Sources

- wlj.net: https://www.wlj.net/market-wrap-up-november-22-2021/

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