# Cattle at Home in the Range

> DTN's Todd Hultman reports October live cattle closed at $109.97 and October feeder cattle at $142.85 in mid-July, both in trading ranges. Feeders have faced bearish pressure from rising corn prices since May, while lean hogs rallied earlier on African swine fever optimism.

- Date: 2019-07-15 · published 2019-07-15T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/58231-cattle-at-home-in-the-range
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Cattle prices remain range-bound, with corn strength weighing on feeder values and a weak economic outlook limiting breakout potential.

## Read by commodity

- CORN: bullish ▲
- HOGS: neutral
- FCATTLE: neutral
- LCATTLE: neutral

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/technically-speaking/blog-post/2019/07/15/cattle-home-range

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