# Cattle futures higher ahead of direct business - Brownfield Ag News

> CME live and feeder cattle closed higher ahead of direct cash business, with December live cattle up $0.97 at $135.40. Direct trade was $135-136 live in the South and $213-214 dressed in the North. Boxed beef Choice closed $0.61 lower at $278.64 on light demand.

- Date: 2021-11-23 · published 2021-11-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/12786-cattle-futures-higher-ahead-of-direct-business-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Firm cash cattle prices and feeder futures gains support cattle values, while softer boxed beef demand limits packer margins and could cap further gains.

## 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 23 futures closed higher ahead of direct cash trade (Dec +$0.97), a contributing step in the rally despite weaker boxed beef. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-higher-ahead-of-direct-business-2/

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