# Broader markets drive cattle futures lower - Brownfield Ag News

> Live cattle futures closed lower on May 29, with June live cattle down $1.75 at $99.72 amid falling wholesale beef values and broader market weakness ahead of a presidential China announcement. Feeder cattle fell modestly, limited by lower corn prices. Cash trade was light at $110-120 live.

- Date: 2020-05-30 · published 2020-05-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/53260-broader-markets-drive-cattle-futures-lower-brownfield-ag-news
- 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

Lower wholesale beef and broader market weakness pressure cattle futures, though softer corn prices cushion feeder losses.

## Read by commodity

- CORN: bearish ▼
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/broader-markets-drive-cattle-futures-lower/

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