# Cattle futures pressured by higher move in corn - Brownfield Ag News

> Live and feeder cattle futures closed lower on August 29, with feeder cattle falling more sharply as corn rose. Boxed beef closed higher on solid demand, and estimated slaughter was 122,000 head.

- Date: 2022-08-29 · published 2022-08-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/40172-cattle-futures-pressured-by-higher-move-in-corn-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A higher corn move raises feeding costs and pressures feeder cattle values, while firm boxed beef supports fed cattle prices.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-pressured-by-higher-move-in-corn-2/

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