# Cattle prices fall on beef demand concerns - CME
						 | The Cattle Site

> CME cattle futures fell on Thursday after two sessions of gains, pressured by fund liquidation and worries about demand for high-priced beef cuts. Live cattle fell 1.65 cents to 171.825 cents per pound and January feeder cattle dropped 2.25 cents amid a 1.5% jump in corn futures.

- Date: 2023-12-01 · published 2023-12-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/32828-cattle-prices-fall-on-beef-demand-concerns-cme-the-cattle-site
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher corn prices raise feeding costs and weigh on feeder cattle values, while weak beef export sales point to softer demand for cattle.

## Read by commodity

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

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2023-12-07 | 5 | -3.2% | -2.9 | Dec 1 fund liquidation and worries about demand for high-priced beef plus higher corn pressured live cattle futures lower early in the 5-day window. |

## Sources

- thecattlesite.com: https://www.thecattlesite.com/news/cattle-prices-beef-demand-concerns-cme

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