# Cattle futures up modestly ahead of direct business - Brownfield Ag News

> CME live cattle futures closed modestly higher ahead of direct cash business, with October at $113.45 and December at $118.85. Feeder cattle gained on a lower corn move, and direct cash trade cleared at about $111 live in key states.

- Date: 2018-09-28 · published 2018-09-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/63169-cattle-futures-up-modestly-ahead-of-direct-business-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 corn costs add modest support to feeder values, while steady cash trade signals firm fed cattle demand for feed buyers.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-up-modestly-ahead-of-direct-business/

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