# Cattle futures sharply lower to start the week - Brownfield Ag News

> Live and feeder cattle futures closed sharply lower on October 19, 2020, pressured by weaker boxed beef and a higher corn move. October live cattle closed $3.15 lower at $104 and October feeders closed $3.50 lower at $134.60. Choice boxed beef closed $.29 lower at $209.74.

- Date: 2020-10-19 · published 2020-10-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8112-cattle-futures-sharply-lower-to-start-the-week-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lower boxed beef and cash values signal weaker packer demand, which points to further downside for feeder cattle and feed demand.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2020-10-19 | 1 | -1.8% | -4.0 | Directly describes the Oct 19 close: live and feeder cattle sharply lower on weaker boxed beef and higher corn, matching the -1.82% move through demand and input-cost pressure. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-futures-sharply-lower-to-start-the-week/

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