# Cattle futures pressured by week's lower cash trade - Brownfield Ag News

> Cattle futures closed lower on October 12 on weak fundamentals, including a steady to lower cash trade and softer beef values. Live cash trade was at $111 and dressed sales at $173 to $174, with feeder calf prices steady to lower at local auctions.

- Date: 2018-10-12 · published 2018-10-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/62670-cattle-futures-pressured-by-week-s-lower-cash-trade-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Weaker cash and boxed beef prices reduce packer willingness to pay for cattle, pressuring live and feeder futures ahead of the Cattle on Feed report.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-pressured-by-weeks-lower-cash-trade/

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