# Feeder cattle supported by lower move in corn - Brownfield Ag News

> CME October live cattle closed $0.12 higher at $144.37 and October feeder cattle rose $0.45 to $184.40 as corn moved lower. Cash deals in the South were near $141 and Nebraska steers sold at $190-198 for medium and large feeder steers.

- Date: 2022-09-08 · published 2022-09-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/39719-feeder-cattle-supported-by-lower-move-in-corn-brownfield-ag-news
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower corn futures supported feeder cattle values, lowering feeding costs and encouraging restocking demand for feed grains.

## Read by commodity

- CORN: bearish ▼
- FCATTLE: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/feeder-cattle-supported-by-lower-move-in-corn-3/

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