# U.S. livestock: CME live cattle follow packer demand down - AgCanada

> CME live cattle futures fell on Tuesday as weak packer demand and a standstill in cash cattle trade pressured prices. Feeder cattle futures rose as feed grain prices eased, and lean hogs also declined on seasonal supply pressure.

- Date: 2021-09-21 · published 2021-09-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/45191-u-s-livestock-cme-live-cattle-follow-packer-demand-down-agcanada
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Light packer demand weighs on fed cattle prices, while lower feed grain costs support feeder cattle values, so buyers see mixed pressure across the livestock complex.

## Read by commodity

- HOGS: bearish ▼
- FCATTLE: bullish ▲
- LCATTLE: bearish ▼

## Sources

- agcanada.com: https://www.agcanada.com/daily/u-s-livestock-cme-live-cattle-follow-packer-demand-down

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