# Fed cattle momentum likely to carry into the new year - Brownfield Ag News

> Missouri economist Scott Brown says momentum in higher cash fed cattle prices is likely to continue into 2020. Cash prices rose $2 in the South and $2 to $5 in the North in the week ended January 3. Packers are bidding aggressively even as Choice boxed beef prices are lower.

- Date: 2020-01-06 · published 2020-01-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/55220-fed-cattle-momentum-likely-to-carry-into-the-new-year-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Aggressive packer bidding supports live cattle values, which can sustain cattle-feeding demand for grain and meal.

## Read by commodity

- LCATTLE: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/fed-cattle-momentum-likely-to-carry-into-the-new-year/

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