# Cattle Current Daily-July 31, 2018 – Cattle Current Market Update

> Negotiated cash fed cattle traded mostly $1 lower at $112/cwt in the week ending July 27, and Choice boxed beef was lower on Monday. Feeder cattle futures fell on higher corn prices. Oklahoma State's Derrell Peel said building U.S. beef exports to China will take time because beef is expensive there.

- Date: 2018-07-28 · published 2018-07-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/64169-cattle-current-daily-july-31-2018-cattle-current-market-update
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Softer cash cattle and beef cutouts, together with higher corn costs, weigh on cattle futures and feeder values.

## Read by commodity

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

## Sources

- cattlecurrent.com: https://cattlecurrent.com/cattle-current-daily-july-31-2018/
- cattlecurrent.com: https://cattlecurrent.com/cattle-current-podcast-july-30-2018/

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