# Cattle futures lower ahead of widespread direct cash business - Brownfield Ag News

> CME live cattle closed lower while feeder cattle finished mixed as traders waited for direct cash trade to develop. Cash fed cattle deals in the South were $1 lower and in the North $5 lower, and a Fed Cattle Exchange auction failed to sell any head.

- Date: 2022-08-31 · published 2022-08-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/40171-cattle-futures-lower-ahead-of-widespread-direct-cash-business-brownfield-ag-news
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Lower cash trade and failed exchange sales point to softer fed cattle prices, which weigh on feeder and live cattle values through the coming weeks.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-lower-ahead-of-widespread-direct-cash-business/

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