# Cattle, Sheep, Grain Market Report - Nov. 20, 2023 | Redd Summit Advisors

> A weekly market report said cattle futures have declined strongly over the past month, while live cattle fell less aggressively. Corn and soybeans were both lower over the last two weeks, with news of wetter South American weather contributing to recent declines. China has shown interest in more soybeans but export numbers have not yet reflected it.

- Date: 2023-11-20 · published 2023-11-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7970-cattle-sheep-grain-market-report-nov-20-2023-redd-summit-advisors
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Wetter South American weather reduces weather-related supply risk and pressures soybean and corn prices, while weak feeder futures lower cattle values. Limited Chinese export follow-through keeps grain demand modest.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- reddsummit.com: https://www.reddsummit.com/blog/market-report-week-of-november-20-2023

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