# Cattle futures lower ahead of On Feed report - Brownfield Ag News

> CME cattle futures ended lower on Nov 17, 2017, with traders squaring positions ahead of the Cattle on Feed report. The report showed another round of large cattle placements. December live cattle closed $0.70 lower at $118.85, and January feeder cattle fell $2.17 to $151.72.

- Date: 2017-11-17 · published 2017-11-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6092-cattle-futures-lower-ahead-of-on-feed-report-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Large placements signal more cattle coming to market, which can pressure futures and the feed demand that supports feedlots. Feeder prices also reflect the higher corn costs seen that day.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-lower-ahead-feed-report/

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