# Live cattle futures mostly lower waiting for cash business to develop - Brownfield Ag News

> Live cattle futures closed mostly lower on the CME on April 22, 2020, with June live cattle down $0.15 and April down $2.65. Light direct cash trade was reported at $100 live in Kansas and $93-98 in Texas, while feeder cattle were mostly higher ahead of USDA reports.

- Date: 2020-04-22 · published 2020-04-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/53774-live-cattle-futures-mostly-lower-waiting-for-cash-business-to-develop
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Lower cash bids and weak live cattle futures reflect the pandemic's pressure on beef demand and packer buying, which feeds through to feeder cattle values.

## Read by commodity

- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://www.brownfieldagnews.com/market-news/live-cattle-futures-mostly-lower-waiting-for-cash-business-to-develop/

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