# Cattle futures supported by stronger cash trade - Brownfield Ag News

> Live and feeder cattle futures closed higher at the Chicago Mercantile Exchange, supported by firmer cash trade and a weak corn move. Choice boxed beef closed lower while Select rose, and estimated slaughter was 112,000 head.

- Date: 2019-11-11 · published 2019-11-11T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/56194-cattle-futures-supported-by-stronger-cash-trade-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

Higher cattle futures on a weaker corn market reflect improving feeder margins, while lower corn prices reduce feed costs for feedlots.

## Read by commodity

- CORN: bearish ▼
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-supported-by-stronger-cash-trade/

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