# Cattle futures position ahead of on feed numbers - Brownfield Ag News

> Live cattle closed mostly lower on profit taking ahead of the Cattle on Feed report, while feeder cattle closed higher on short covering. Boxed beef rallied sharply, with Choice up $2.31 to $199.57, and Oklahoma City feeder steer prices fell $5 to $7.

- Date: 2017-10-19 · published 2017-10-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/68597-cattle-futures-position-ahead-of-on-feed-numbers-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Traders were positioning ahead of the monthly Cattle on Feed report, which will set expectations for feedlot supply and placements. Until that data is released, the mixed cattle moves offer no clear direction for feed demand.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-position-ahead-feed-numbers/

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