# Cattle futures higher ahead of USDA inventory report - Brownfield Ag News

> Live and feeder cattle futures rose ahead of the USDA Cattle Inventory report due January 31, with the trade expecting a bullish figure. Boxed beef rose, with Choice up $0.34 at $268.10, and the weekly cash trade was mainly around $156 live.

- Date: 2023-01-30 · published 2023-01-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/37919-cattle-futures-higher-ahead-of-usda-inventory-report-brownfield-ag-news
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Expectations of a smaller herd support cattle futures and reflect tighter beef supplies, which keeps feeder and fed cattle values firm.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-higher-ahead-of-usda-inventory-report/

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