# Strong wholesale values support cattle futures - Brownfield Ag News

> Live cattle closed mostly higher on Nov 7 on a stronger cash trade and firmer wholesale values. Dressed cash deals in the North traded at $177 to $182, and feeder cattle gained with corn.

- Date: 2019-11-07 · published 2019-11-07T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/56206-strong-wholesale-values-support-cattle-futures-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Stronger cash and boxed beef values support futures and feeder demand, while cheaper corn supports feedlot margins.

## Read by commodity

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

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2019-11-06 | 5 | +4.6% | 3.0 | On Nov 7 live cattle closed higher on stronger cash and wholesale values, but the date falls just after the window end, so it only reinforces the trend. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/strong-wholesale-values-support-cattle-futures/

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