# Cattle futures close sharply higher - Brownfield Ag News

> Live cattle futures settled 1.22 to 2.32 higher and feeder futures gained up to 4.42 on strong buyer support. Cash cattle asking prices were near 108.00 live in the South, and Choice boxed beef rose to 185.63.

- Date: 2016-11-01 · published 2016-11-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73971-cattle-futures-close-sharply-higher-brownfield-ag-news
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Higher futures and firm boxed beef values signal stronger cattle prices, which can help feeder cattle prices firm and support demand for cattle-based feed.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-close-sharply-higher-7/

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