# Live cattle down, feeders mixed ahead of direct trade - Brownfield Ag News

> CME live cattle futures were lower and feeder futures were mixed on August 28. Direct cash cattle trade was at a standstill, with a few light trades at $184 live, while sellers moved cattle out of feedlots ahead of increased placements.

- Date: 2024-08-28 · published 2024-08-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/28931-live-cattle-down-feeders-mixed-ahead-of-direct-trade-brownfield-ag-news
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Weak demand and rising placements point to softer cattle prices in the near term. Lower cattle values can reduce feedlot demand for feed.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/live-cattle-down-feeders-mixed-ahead-of-direct-trade/

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