# Cattle futures mixed, watching direct cash trade develop - Brownfield Ag News

> Live cattle futures were mixed on October 11 as traders awaited direct cash trade. USDA projected 2018 beef production at 26.944 billion pounds, down from September, on slower fourth-quarter slaughter and lighter carcass weights, and the modest corn rally was largely ignored by feeders.

- Date: 2018-10-11 · published 2018-10-11T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/62671-cattle-futures-mixed-watching-direct-cash-trade-develop-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lower projected beef output is supportive for cattle prices, but cash trade softness limits gains and keeps the outlook mixed for feeder demand.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2020-07-30 | [Cattle futures look for price direction](https://feedsoft.ai/events/52236-cattle-futures-look-for-price-direction.md) | +1.1% | +6.0% |
| LCATTLE | 2020-11-11 | [CME update: feed cattle futures dip as corn prices rise
						 \| The Cattle Site](https://feedsoft.ai/events/7939-cme-update-feed-cattle-futures-dip-as-corn-prices-rise-the-cattle-site.md) | +1.3% | -0.5% |
| LCATTLE | 2023-11-09 | [November 'WASDE' Report: Steady Cattle Prices Forecast; Corn Prices Lowered \| Cattle Range News](https://feedsoft.ai/events/33328-november-wasde-report-steady-cattle-prices-forecast-corn-prices-lowered-cattle.md) | -1.8% | -7.6% |
| LCATTLE | 2022-12-12 | [Is the Spring 2023 Cash Cattle Market Pegged Correctly?](https://feedsoft.ai/events/38173-is-the-spring-2023-cash-cattle-market-pegged-correctly.md) | +0.2% | +1.5% |
| LCATTLE | 2019-05-13 | [Beef Watch: Strong demand keeps beef, cattle prices firm - Canadian Cattlemen](https://feedsoft.ai/events/59049-beef-watch-strong-demand-keeps-beef-cattle-prices-firm-canadian-cattlemen.md) | -1.9% | -5.3% |
| FCATTLE | 2017-08-28 | [Watching This Week: Yellow Grease, Brazil's Soybean Planting, and Mexican Feeder Cattle](https://feedsoft.ai/events/69545-watching-this-week-yellow-grease-brazil-s-soybean-planting-and-mexican-feeder.md) | +1.0% | +6.4% |
| FCATTLE | 2021-03-18 | [Cattle Markets Looking for Spring - Northern Ag Network](https://feedsoft.ai/events/48263-cattle-markets-looking-for-spring-northern-ag-network.md) | -0.8% | +2.3% |
| FCATTLE | 2024-11-06 | [Weekly Cattle Market Trends: Cash Prices, Feedlot Margins, and Packing Plant Utilization - Beef Web](https://feedsoft.ai/events/27543-weekly-cattle-market-trends-cash-prices-feedlot-margins-and-packing-plant.md) | +0.3% | +4.4% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-mixed-watching-direct-cash-trade-develop/

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