# Cattle Current Daily—Oct. 21, 2020 – Cattle Current Market Update

> Cattle futures firmed on October 21, 2020, recovering part of the prior session's selloff, with live cattle up an average of 74 cents. Choice boxed beef rose 86 cents to $210.60 while Select fell 17 cents. Broader stocks rose on hopes for a congressional economic stimulus deal, and the NCBA released a voluntary framework for cash trade.

- Date: 2020-10-20 · published 2020-10-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8114-cattle-current-daily-oct-21-2020-cattle-current-market-update
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A firmer boxed beef cutout and improved sentiment support cattle values, though light cash demand limits the rebound for feeders.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- cattlecurrent.com: https://cattlecurrent.com/cattle-current-daily-oct-21-2020/

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