# Cattle futures tumble ahead of direct business - Brownfield Ag News

> CME live and feeder cattle futures closed sharply lower on Sept 26 ahead of direct cash cattle trade. October live cattle fell $2.17 and October feeders fell $4.95, with some spillover from broader markets.

- Date: 2023-09-26 · published 2023-09-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/34269-cattle-futures-tumble-ahead-of-direct-business-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

The decline is a routine price move driven by pre-trade positioning and broader market weakness, and it signals softer cash expectations in the short term.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-tumble-ahead-of-direct-business/

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