# Cattle futures higher on limited cash trade - Brownfield Ag News

> Cattle futures closed moderately higher on October 2 on support from limited early-week cash trade, with October live cattle up $.30 to $113.97. Live cash deals were reported at $111 to $112 in Iowa and Nebraska, and feeder steer receipts were up on the week at Nebraska auctions.

- Date: 2018-10-02 · published 2018-10-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/62673-cattle-futures-higher-on-limited-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

Limited cash trade supported futures, but industry concern about a coming surge in cattle production next year limits the upside for feeder and live cattle prices.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-higher-on-limited-cash-trade/

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