# CME update: live cattle futures rise as cash prices strengthen
						 | The Cattle Site

> US live cattle and feeder cattle futures firmed on July 28, 2020, with August live cattle settling 0.475 cents higher at 100.900 cents per pound. Traders expected higher cash prices for slaughter-ready cattle as show lists shrank, and feeder futures gained as corn futures fell on expectations of a large autumn harvest.

- Date: 2020-07-28 · published 2020-07-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/52234-cme-update-live-cattle-futures-rise-as-cash-prices-strengthen-the-cattle-site
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Smaller show lists support cash cattle prices, and cheaper corn improves feedlot margins, which supports demand for feeder cattle and their futures prices.

## Read by commodity

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

## Sources

- thecattlesite.com: https://www.thecattlesite.com/news/55668/cme-update-live-cattle-futures-rise-as-cash-prices-strengthen

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