# Cattle futures up waiting for cash business to develop - Brownfield Ag News

> CME live and feeder cattle futures closed higher on February 8 while buyers and sellers held a standoff in direct cash cattle trade. April live cattle closed $1.77 higher at $186.57 and April feeders gained $0.72 to $251.92. Boxed beef Choice was $295.01 and lean hogs closed lower.

- Date: 2024-02-08 · published 2024-02-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/31817-cattle-futures-up-waiting-for-cash-business-to-develop-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Cattle futures are firm as the market waits for cash trade, with supply tightness sustaining prices. Routine price moves offer little new fundamental information for feed buyers.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-up-waiting-for-cash-business-to-develop/

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