# Feeder cattle find support from lower corn - Brownfield Ag News

> CME live cattle futures were mostly lower while feeder futures rose sharply, with feeders supported by lower corn prices. Direct cash cattle trade was light and boxed beef closed higher on heavy movement.

- Date: 2022-11-02 · published 2022-11-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/38824-feeder-cattle-find-support-from-lower-corn-brownfield-ag-news
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower feed costs improve feeder cattle profitability and demand, while mixed live cattle moves reflect thin cash trade and no established price trend.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/feeder-cattle-find-support-from-lower-corn/

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