# Feeder cattle ease on strong corn prices - CME
						 | The Cattle Site

> CME November feeder cattle futures fell on Wednesday as corn prices rose after a large US grain sale to Mexico. December live cattle settled slightly higher on firmer boxed beef values, and lean hogs rose 2.5 cents.

- Date: 2024-10-17 · published 2024-10-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/28011-feeder-cattle-ease-on-strong-corn-prices-cme-the-cattle-site
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Rising corn prices raise feeding costs for livestock, pressuring feeder cattle values, while a large export sale supports corn demand.

## Read by commodity

- CORN: bullish ▲
- HOGS: bullish ▲
- FCATTLE: bearish ▼
- LCATTLE: bullish ▲

## Sources

- thecattlesite.com: https://www.thecattlesite.com/news/feeder-cattle-ease-on-strong-corn-prices-cme

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