# Feeder cattle higher on follow-through buying - Brownfield Ag News

> Live cattle futures closed higher in limited activity, supported by lower corn prices and strong feeder buying after a sharply higher prior Friday. Wholesale beef cutout values pressured prices amid ongoing trade rhetoric.

- Date: 2018-07-02 · published 2018-07-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/64176-feeder-cattle-higher-on-follow-through-buying-brownfield-ag-news
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower corn costs support feeder cattle values, while softer boxed beef and trade-related demand worries cap live cattle gains.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/feeder-cattle-higher-on-follow-through-buying/

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