# Trade sideways ahead of holiday weekend | Western Livestock Journal

> Cattle markets traded sideways into the Memorial Day holiday weekend, with June live cattle near $116.35 and August near $119.42. Cash steers sold between $116 and $120.50, and boxed beef prices were easing from record highs.

- Date: 2021-05-28 · published 2021-05-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/4962-trade-sideways-ahead-of-holiday-weekend-western-livestock-journal
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Packer slaughter capacity and utilization continue to set cash and boxed beef prices, keeping live cattle range-bound. Softening cutout values could eventually pressure cash cattle.

## Read by commodity

- LCATTLE: neutral

## Sources

- wlj.net: https://www.wlj.net/trade-sideways-ahead-of-holiday-weekend/

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