# LIVESTOCK-CME Live Cattle Futures Ease Ahead of U.S. Holiday Weekend

> CME live cattle futures eased on Wednesday as packers slowed purchases ahead of a short processing week after the Fourth of July holiday. Feeder cattle settled lower amid pressure from volatility in corn futures, and packer margins were mixed.

- Date: 2022-06-29 · published 2022-06-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/41076-livestock-cme-live-cattle-futures-ease-ahead-of-u-s-holiday-weekend
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Slower packer buying and softer feeder prices signal reduced near-term demand for cattle, while corn volatility affects feeding costs for feeder cattle.

## Read by commodity

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

## Sources

- agriculture.com: https://www.agriculture.com/markets/newswire/livestock-cme-live-cattle-futures-ease-ahead-of-us-holiday-weekend

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