# Cattle Current Weekly Highlights—Week ending Oct. 30, 2020 – Cattle Current Market Update

> Calf prices began to firm in late October as resurgent live cattle futures rallied and buyers grew more willing to bid. Feeder cattle futures rose an average of $6.91 on the week while corn futures fell an average of 14 cents on profit taking, a stronger dollar and improved South American and Russian crop conditions. The CME Feeder Cattle Index rose $2.75 to $136.76.

- Date: 2020-11-01 · published 2020-11-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/50288-cattle-current-weekly-highlights-week-ending-oct-30-2020-cattle-current-market
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lower corn futures on improved South American and Russian crops ease feed costs for feeders, while the cattle rally supports feeder demand.

## Read by commodity

- CORN: bearish ▼
- FCATTLE: bullish ▲

## Sources

- cattlecurrent.com: https://cattlecurrent.com/cattle-current-weekly-highlights-week-ending-oct-30-2020/

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