# CME feeder cattle firm on tighter supplies | Financial Post

> CME feeder cattle futures rose on July 19 as tighter supplies in the Northern Plains left few large feeder runs. August feeder cattle gained 1.75 cents to 157.375 cents per pound, while live cattle were pressured by softer seasonal beef demand.

- Date: 2021-07-19 · published 2021-07-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/46208-cme-feeder-cattle-firm-on-tighter-supplies-financial-post
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Tight northern feeder supplies support feeder cattle values and raise procurement costs for feedlots, which reduces the number of cattle placed and their feed demand.

## Read by commodity

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

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/cme-feeder-cattle-firm-on-tighter-supplies

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