# Direct cattle business light, but at higher prices - Brownfield Ag News

> CME live cattle futures rose on light but higher direct cash cattle trade at $110 to $112 live, up about $2 from the prior week. Boxed beef was mixed, with Choice down $0.50 and Select up $3.10, and the estimated weekly slaughter was 117,000 head, down 1,000 on the week and 4,000 on the year.

- Date: 2019-10-30 · published 2019-10-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/56698-direct-cattle-business-light-but-at-higher-prices-brownfield-ag-news
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Higher cash fed cattle and firm wholesale beef support live and feeder cattle values, while lighter slaughter tightens near-term beef supply. Choice beef showing signs of faltering could limit further upside.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/direct-cattle-business-light-but-at-higher-prices/

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