# CME update: cattle futures slip as exports weaken
						 | The Cattle Site

> US cattle futures lost ground on November 30 as traders weighed weak beef exports against rising beef production. February live cattle fell 0.375 cent to 112.875 cents per pound, while choice boxed beef gained 83 cents to $243.68. January feeder cattle rose 1.225 cents on a lower corn market.

- Date: 2020-12-01 · published 2020-12-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/49778-cme-update-cattle-futures-slip-as-exports-weaken-the-cattle-site
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Heavy cattle supplies and weaker exports cap live cattle prices, while lower corn costs support feeder cattle values and feedlot demand for grain.

## Read by commodity

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

## Sources

- thecattlesite.com: https://www.thecattlesite.com/news/56207/cme-update-cattle-futures-slip-as-exports-weaken

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