# Live cattle up, feeders close lower - Brownfield Ag News

> CME live cattle futures rose on follow-through buying and direct cash business, while feeder futures closed lower on profit taking. Cash fed cattle traded at about $178 live in Texas and Kansas and $280 dressed in the North. Lean hog futures were mixed.

- Date: 2024-02-02 · published 2024-02-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/31818-live-cattle-up-feeders-close-lower-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

Firm cash cattle bids support live cattle futures, while softer feeder futures point to weaker prices for feeder cattle sold to lots. This is routine market commentary with no new supply or demand shock.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/live-cattle-up-feeders-close-lower/

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