# Cattle futures jump on cash, wholesale business - Brownfield Ag News

> CME live and feeder cattle futures rose sharply on active cash and wholesale business, with December live cattle up $2.50 at $137.90. Direct cash trade in the South was $140 live and in the North $217 dressed. Feeder cattle were supported by a modestly lower corn market.

- Date: 2021-11-24 · published 2021-11-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/12783-cattle-futures-jump-on-cash-wholesale-business-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Firm cash trade and lower corn costs support feeder cattle values, while higher fed prices reinforce the uptrend in cattle futures.

## Read by commodity

- CORN: bullish ▲
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2021-11-29 | 5 | +3.8% | 2.9 | Futures jumped on Nov 24 (December up $2.50 to $137.90) on strong cash and wholesale business, adding to the weekly gain. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-jump-on-cash-wholesale-business/

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