# Cattle futures lower ahead of On Feed numbers - Brownfield Ag News

> Live and feeder cattle closed sharply lower on April 22, with feeders leading declines on higher corn. April live cattle fell $1.45 to $118.32, while Choice boxed beef closed up $1.85 at $282.31 amid good demand.

- Date: 2021-04-22 · published 2021-04-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/47741-cattle-futures-lower-ahead-of-on-feed-numbers-brownfield-ag-news
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Corn strength drives feeder cattle values lower by raising feeding costs, while boxed beef firmness supports fed cattle. The routine price move reflects the feed-versus-beef demand balance.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-lower-ahead-of-on-feed-numbers-5/

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