# Cattle futures up, encouraged by steady to higher cash - Brownfield Ag News

> Live and feeder cattle futures rose, with feeders leading on lower corn and losses in other feed commodities. Direct cash trade was steady to higher at $151 to $152 live in Texas and Kansas and $154 to $155 in Nebraska and Iowa. USDA reported beef exports down modestly, and most analysts expected a decline in cattle placements in the upcoming Cattle on Feed report.

- Date: 2022-11-17 · published 2022-11-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7176-cattle-futures-up-encouraged-by-steady-to-higher-cash-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Steady-to-higher cash prices and lower corn costs support cattle margins, while the expected placement decline points to tighter feeder supplies ahead.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-up-encouraged-by-steady-to-higher-cash/

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