# Cattle futures lower following On Feed numbers - Brownfield Ag News

> Live and feeder cattle futures ended lower on August 24, pressured by the Friday On Feed numbers and a higher corn move. Feeder steers and heifers traded $3 to $5 lower at the Oklahoma National Stockyards.

- Date: 2020-08-24 · published 2020-08-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/51754-cattle-futures-lower-following-on-feed-numbers-brownfield-ag-news
- 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

Bearish On Feed data and higher corn costs weigh on feeder cattle values and feedlot margins, which in turn reduces feeder demand.

## Read by commodity

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

## Sources

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

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