# Direct cattle trade limited to clean-up - Brownfield Ag News

> CME live cattle futures were mostly lower on profit taking, softer beef demand and spread trading. Direct cash cattle trade was quiet, with light business at $117.50 to $118 live in Texas, and boxed beef closed lower.

- Date: 2017-08-04 · published 2017-08-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/69608-direct-cattle-trade-limited-to-clean-up-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lower cash and boxed beef values pass back to feeder and live cattle prices. The routine nature of the session means no new supply or demand shock is evident.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/direct-cattle-trade-limited-clean/

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