# CME update: live cattle futures gain ground while feeder cattle continue their decline

> US live cattle futures rose on April 30 while feeder cattle fell as higher corn prices lifted feed costs. Packers retained the upper hand, with beef cutouts gaining.

- Date: 2021-06-01 · published 2021-06-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/47226-cme-update-live-cattle-futures-gain-ground-while-feeder-cattle-continue-their
- 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

Rising corn costs push feeders to sell market-ready cattle, weighing on feeder futures while packer margins support fed cattle.

## Read by commodity

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

## Sources

- thecattlesite.com: https://www.thecattlesite.com/news/56865/cme-update-live-cattle-futures-gain-ground-while-feeder-cattle-continue-their-decline

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