# Direct cattle business gets underway - Brownfield Ag News

> CME live cattle futures finished higher on cash and wholesale business, with December up $2.72 to $118.70. Direct cash trade was reported at $188-190 dressed in Nebraska and Iowa, and a USDA special sale of feeder calves brought $130.75-144.50 for steer calves.

- Date: 2016-12-29 · published 2016-12-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73591-direct-cattle-business-gets-underway-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Higher cash and dressed prices point to firm live cattle values, while strong feeder calf prices raise feeding costs for buyers of feeder cattle.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- brownfieldagnews.com: https://www.brownfieldagnews.com/market-news/direct-cattle-business-gets-underway/

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