# Cattle futures mostly higher, despite bearish business - Brownfield Ag News

> CME live cattle futures were mostly higher on June 29 in light volume, following strength in hogs and short covering. Cash cattle traded lower on the week and boxed beef closed sharply lower on weak demand and heavy offerings.

- Date: 2017-06-29 · published 2017-06-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/70625-cattle-futures-mostly-higher-despite-bearish-business-brownfield-ag-news
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Falling cash and boxed beef values signal weakening packer margins ahead, though futures firmness limits the immediate downside for cattle prices.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-mostly-higher-despite-bearish-business/

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