# Cattle futures follow Dow higher, ignore direct cash - Brownfield Ag News

> Live cattle futures rose on an oversold bounce and a rally in the Dow, with April live cattle up $1.17 to $111.27. Feeder futures also gained, with April up $1.77 to $135.55. Direct cash cattle trade was light at $113 live, down $2 from the prior week.

- Date: 2020-03-04 · published 2020-03-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5313-cattle-futures-follow-dow-higher-ignore-direct-cash-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

A technical rebound in futures amid weak cash trade suggests cattle prices are stabilizing at lower levels, with corn also bouncing, which raises feed costs for feedlots.

## Read by commodity

- CORN: bullish ▲
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-follow-dow-higher-ignore-direct-cash/

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