# A slow start to the week for cash livestock business - Brownfield Ag News

> Cash livestock trade was slow on the Presidents' Day holiday, with feeder steers $1 to $3 lower at Oklahoma National Stockyards. Choice boxed beef closed $1.76 lower at $264.09, while cash hogs closed firm on limited negotiated purchases.

- Date: 2022-02-21 · published 2022-02-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/42852-a-slow-start-to-the-week-for-cash-livestock-business-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Lower boxed beef values pressure packer margins and cash cattle, while firm hog prices reflect tight market-ready supplies. The day's moves are routine and do not indicate a new supply shock.

## Read by commodity

- HOGS: bullish ▲
- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/a-slow-start-to-the-week-for-cash-livestock-business/

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