# Cattle futures pressured by the continued slide in wholesale values - Brownfield Ag News

> Live and feeder cattle futures fell on 2 June after weaker cash trade and continued declines in wholesale beef values. Feeder cattle also lost ground as corn moved modestly higher.

- Date: 2020-06-03 · published 2020-06-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/52747-cattle-futures-pressured-by-the-continued-slide-in-wholesale-values-brownfield
- 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

Falling boxed beef values reduce packer bids for cattle, and higher corn costs weigh on feeder cattle values.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/cattle-futures-pressured-by-the-continued-slide-in-wholesale-values-2/

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