# Cattle futures up on beef demand expectations - Brownfield Ag News

> CME live cattle futures closed higher on commercial buying, with December and February setting new contract highs but closing below session highs. Feeder cattle followed the live pit higher, and boxed beef closed weak on light demand for heavy cuts. Direct cash trade was quiet, with a few sales reported in Iowa and Nebraska.

- Date: 2018-12-27 · published 2018-12-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7351-cattle-futures-up-on-beef-demand-expectations-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Higher futures reflect expected solid beef demand, but weak cutout values limit how far cash prices can follow. Feeder and live cattle prices are bullish on balance.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-up-on-beef-demand-expectations/

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