# Cattle futures pressured by wholesale values - Brownfield Ag News

> Cattle futures closed sharply lower on January 3 as wholesale beef values fell, with February live cattle down $1.30 and January feeder cattle down $1.62. Boxed beef Choice fell $1.98 on light to moderate demand and heavy offerings, while strength in corn pushed feeder prices lower.

- Date: 2019-01-04 · published 2019-01-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/61219-cattle-futures-pressured-by-wholesale-values-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lower wholesale beef values feed directly into cattle futures and cash prices, and firmer corn prices raise feeding costs that weigh on feeder cattle values.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-pressured-by-wholesale-values/

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