# Cattle Current Daily—Nov. 10, 2020 – Cattle Current Market Update

> Negotiated cash fed cattle rose about $1 to $107 per cwt live in the Southern Plains, with Nebraska also at $107. Cattle futures rallied Monday on higher wholesale beef and the reported coronavirus vaccine efficacy. Corn and soybean futures were little changed to modestly higher.

- Date: 2020-11-10 · published 2020-11-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7934-cattle-current-daily-nov-10-2020-cattle-current-market-update
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Higher boxed beef and cash prices support live cattle values, while the broader equity rally adds to demand sentiment for beef.

## Read by commodity

- CHICKEN: neutral
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- cattlecurrent.com: https://cattlecurrent.com/cattle-current-daily-nov-10-2020/

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