# Cattle futures waiting for cash trade - Brownfield Ag News

> Live cattle futures on the CME traded mostly lower on February 28 while the direct cash cattle trade stood still. April live cattle closed $0.07 lower at $129.85 and March feeder cattle fell $1 to $142.87. Boxed beef closed firm, with Choice up $0.49 at $219.95.

- Date: 2019-02-28 · published 2019-02-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/60723-cattle-futures-waiting-for-cash-trade-brownfield-ag-news
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Stalled cash trade with wide bid-ask spreads leaves futures without a clear price anchor, and cattle buyers face uncertainty on feeder and fed cattle costs near term.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-waiting-for-cash-trade-2/

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