# Cattle futures lower ahead of Friday's on feed report - Brownfield Ag News

> Live and feeder cattle futures closed lower on June 23 ahead of the USDA Cattle on Feed report, with boxed beef sharply lower. Auction prices for feeder steers ranged from $134 to $162.50 per hundredweight at the Ozarks Regional Stockyards.

- Date: 2021-06-23 · published 2021-06-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/46739-cattle-futures-lower-ahead-of-friday-s-on-feed-report-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Profit-taking and weaker boxed beef reduce near-term cattle values, though strong auction demand supports feeder pricing.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-lower-ahead-of-fridays-on-feed-report/

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