# Direct cash cattle trade ends week with light business - Brownfield Ag News

> Live and feeder cattle futures moved higher on lower corn while a light direct cash cattle trade occurred in Nebraska at about $294 per cwt. Boxed beef closed steady to lower and estimated slaughter was 110,000 head.

- Date: 2023-07-28 · published 2023-07-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/35183-direct-cash-cattle-trade-ends-week-with-light-business-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Light cash trade and lower boxed beef values point to softer packer demand for fed cattle, while lower corn supports feedlot margins.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/direct-cash-cattle-trade-ends-week-with-light-business/

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