# U.S. livestock: CME cattle futures ease as beef prices cool - Grainews

> CME live cattle futures eased on Wednesday as beef prices cooled ahead of the Labor Day holiday, with choice cuts down 7 cents to $347.51/cwt and select cuts down $1.48. October live cattle slipped to 130.3 cents/lb while cash cattle held $121-127 and October feeders fell to 169.275 cents/lb as corn gained.

- Date: 2021-08-26 · published 2021-08-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/45700-u-s-livestock-cme-cattle-futures-ease-as-beef-prices-cool-grainews
- 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

Routine pre-holiday softness in beef and futures, with cash support from tighter packer supplies in September, keeps the cattle complex firm; higher corn costs weigh on feeder cattle values.

## Read by commodity

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

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| FCATTLE | 2021-08-26 | 1 | +3.3% | 3.5 | Aug 26 report of cooling boxed beef and October feeders falling to 169.275 as corn gained points to input-cost and beef-demand pressure on feeders; this runs opposite to the 3.26% gain, so the link is uncertain. |

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-livestock-cme-cattle-futures-ease-as-beef-prices-cool/

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