# U.S. livestock: Improved cash prices lift CME live cattle - Grainews

> CME live cattle futures finished firmer on July 21 as cash cattle in Kansas and Texas brought $120/cwt, steady with the prior week. Packers were bidding $119-$120 with sellers holding out for more.

- Date: 2017-07-21 · published 2017-07-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/70088-u-s-livestock-improved-cash-prices-lift-cme-live-cattle-grainews
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Tight supplies and profitable packer margins support cash cattle prices ahead of seasonal demand gains for Labor Day, though traders remained cautious ahead of the USDA reports.

## Read by commodity

- LCATTLE: bullish ▲

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-livestock-improved-cash-prices-lift-cme-live-cattle/

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