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

> Live and feeder cattle closed lower on October 22 ahead of USDA's Friday On Feed report. Cash cattle traded at about $105 live and $164 dressed, and feeder calf and yearling sales at Sheridan, Nebraska were steady to lower. Choice boxed beef closed $0.39 higher at $208.86.

- Date: 2020-10-23 · published 2020-10-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/50762-cattle-futures-lower-ahead-of-friday-s-on-feed-numbers-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lower futures and softer feeder auction prices point to weaker cattle values heading into the On Feed report, while firmer boxed beef provides some offset for feedlot margins.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/cattle-futures-lower-ahead-of-fridays-on-feed-numbers-2-3/

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