# Cattle futures pressure by lower cash and wholesale business - Brownfield Ag News

> On March 3, 2022, live and feeder cattle futures closed lower at the Chicago Mercantile Exchange, pressured by weaker cash and wholesale trade. Cash live cattle in the South traded around $140, about $2 below the prior week.

- Date: 2022-03-03 · published 2022-03-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/42410-cattle-futures-pressure-by-lower-cash-and-wholesale-business-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Softer cash cattle and boxed beef prices lower feedlot returns and reduce cattle placements, which trims demand for feed grains and feed ingredients.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-pressure-by-lower-cash-and-wholesale-business/

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