# Cattle end lower on long liquidation, higher grain prices - CME
						 | The Cattle Site

> CME live cattle futures closed lower for a third straight session on fund-driven long liquidation at month end. Feeder cattle fell as Chicago corn rose to a two-week high after Russia suspended its participation in the Black Sea grain deal. Lean hog futures also declined, with December down to its lowest since October 17.

- Date: 2022-11-01 · published 2022-11-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7225-cattle-end-lower-on-long-liquidation-higher-grain-prices-cme-the-cattle-site
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Feed grain strength raises feeding costs and pressures feeder cattle and hog values. Fund liquidation adds short-term downside to livestock futures.

## Read by commodity

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

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2022-11-01 | 1 | +1.7% | 4.4 | Reports live cattle closing lower on 2022-11-01 on month-end fund long liquidation and higher corn after Russia suspended the Black Sea grain deal, directly matching the date and a sentiment/input-cost mechanism; direction of the 1.75% move is not stated in the prompt, so this is conservative. |

## Sources

- thecattlesite.com: https://www.thecattlesite.com/news/cattle-end-lower-on-long-liquidation-higher-grain-prices-cme

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