# Live cattle futures up, feeders lower to start the week - Brownfield Ag News

> October live cattle closed $0.02 higher at $183.77 and October feeder cattle closed $0.87 lower at $246.20 on the CME. Feeder cattle were pressured by a higher corn market, while Oklahoma feeder steers traded $3 to $8 higher on good demand.

- Date: 2024-09-30 · published 2024-09-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/28429-live-cattle-futures-up-feeders-lower-to-start-the-week-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Higher corn costs weigh on feeder cattle values because feedlot margins depend on cheap feed, while steady fed cattle prices support the live cattle complex.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/live-cattle-futures-up-feeders-lower-to-start-the-week/

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