# Market Wrap-Up: April 29, 2021 | Western Livestock Journal

> Live cattle and feeder cattle futures closed higher on April 29, 2021, with June live cattle up 60 cents to $116.05 and the Choice boxed beef cutout up $1.26 to $293.76. Cash steers traded at $119-120 and corn futures were also higher that day.

- Date: 2021-04-29 · published 2021-04-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/47729-market-wrap-up-april-29-2021-western-livestock-journal
- 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

Routine price moves with strong boxed beef demand supporting cattle values, while higher corn costs weigh on feedlot margins. Feed buyers should expect continued firm cattle prices within an established range.

## Read by commodity

- CORN: bullish ▲
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- wlj.net: https://www.wlj.net/market-wrap-up-april-29-2021/

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