# CME update: cattle futures rise again as demand remains strong
						 | The Cattle Site

> US live cattle futures gained on May 10 as slaughter picked up to 119,000 head and beef cutouts rose. Feeder cattle also rose after corn fell from eight-year highs the prior week.

- Date: 2021-05-10 · published 2021-05-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/47225-cme-update-cattle-futures-rise-again-as-demand-remains-strong-the-cattle-site
- 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

Stronger packer demand and a lower corn trade support cattle futures, though feed costs remain elevated for feeders.

## Read by commodity

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

## Sources

- thecattlesite.com: https://www.thecattlesite.com/news/56899/cme-update-cattle-futures-rise-again-as-demand-remains-strong

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