# Feeders lead the way down for cattle - Brownfield Ag News

> CME live and feeder cattle futures fell on July 29, with feeders leading lower as corn prices rose. August feeder cattle dropped $1.67 to $158.50 and boxed beef closed higher on good demand.

- Date: 2021-07-29 · published 2021-07-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/46205-feeders-lead-the-way-down-for-cattle-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Higher corn prices weigh on feeder cattle values because they raise feedlot costs and reduce placement demand. This is routine market movement with no major new supply shock.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/feeders-lead-the-way-down-for-cattle/

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