# Cattle futures mixed to start the week - Brownfield Ag News

> Live cattle futures for June and August closed mixed on May 3, with June live cattle down $1.27 and May feeder cattle down $0.55. Choice boxed beef rose $2.80 on good demand for light offerings.

- Date: 2021-05-03 · published 2021-05-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/47236-cattle-futures-mixed-to-start-the-week-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Routine price moves with no new supply or demand shock leave the outlook for cattle and feed demand largely unchanged. The firmer boxed beef price is a small supportive factor for fed cattle.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2021-05-03 | 1 | -2.0% | -3.5 | Reports June live cattle futures down $1.27 on May 3, the very session of the move, with the boxed beef rally failing to support futures, pointing to a direct price decline. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-mixed-to-start-the-week-2/

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