# CME update: live cattle futures gain on uncertainty in grain complex
						 | The Cattle Site

> US live cattle futures rose on April 29, 2021, with June live cattle up 0.6 cents to 116.05 cents per pound and August feeder cattle up to 149.875 cents. USDA reported choice cutouts up $1.26 to $293.76 and net beef export sales of 23,600 tonnes.

- Date: 2021-04-29 · published 2021-04-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/47730-cme-update-live-cattle-futures-gain-on-uncertainty-in-grain-complex-the-cattle
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Strong beef demand supports cattle prices, but packers' covered needs keep cash trade weak. Feed costs remain a concern for feedlots while grain prices are mixed.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- thecattlesite.com: https://www.thecattlesite.com/news/56862/cme-update-live-cattle-futures-gain-on-uncertainty-in-grain-complex

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