# Cattle futures lower ahead of Cattle On Feed numbers - Brownfield Ag News

> Live cattle futures closed lower on January 22 with February at $126.17 and January feeders at $143.92, ahead of the USDA Cattle on Feed report. Cash trade was steady at around $124 live in the South. Feeder auction prices were mixed, with steers mostly lower.

- Date: 2020-01-23 · published 2020-01-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/55219-cattle-futures-lower-ahead-of-cattle-on-feed-numbers-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lower futures ahead of the government report signal softer near-term cattle values, which can ease feed buying sentiment.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/cattle-futures-lower-ahead-of-cattle-on-feed-numbers-2/

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