# Cattle futures higher ahead of cash business - Brownfield Ag News

> At the Chicago Mercantile Exchange, cattle futures closed higher on renewed buyer interest, with February live cattle up $2.10 to $125.30 and January feeder cattle up $1.62 to $147.62. Direct cash cattle trade was quiet, with bids and asking prices yet to surface. Boxed beef closed lower on light demand and heavy offerings.

- Date: 2019-01-08 · published 2019-01-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/61230-cattle-futures-higher-ahead-of-cash-business-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Higher live and feeder cattle futures raise the cost of feeder cattle inputs for feedlots, while weak boxed beef signals softer packer demand ahead. Traders are waiting for cash trade to confirm the futures direction.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-higher-ahead-of-cash-business-2/

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