# Cattle trade higher on support, cash trade steady | Western Livestock Journal

> Live cattle futures rallied late in the week after a favorable WASDE report, lower corn futures and slower-than-expected inflation. Cash cattle trade stayed steady as packers kept prices level, with live steers averaging about $152.77.

- Date: 2022-11-11 · published 2022-11-11T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/38812-cattle-trade-higher-on-support-cash-trade-steady-western-livestock-journal
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Cheaper corn supports feedlot margins, while steady packer pricing keeps cash cattle values stable.

## Read by commodity

- CORN: bearish ▼
- LCATTLE: bullish ▲

## Sources

- wlj.net: https://www.wlj.net/cattle-trade-higher-on-support-cash-trade-steady/

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