# Beef and pork close sharply higher on Tuesday - Brownfield Ag News

> Live cattle futures settled 0.82 to 2.42 higher on Tuesday, with February through August contracts all posting triple-digit gains. Boxed beef cutout values rose sharply on moderate to good demand and light offerings, and feeder cattle closed 0.82 to 1.62 higher.

- Date: 2017-02-28 · published 2017-02-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8674-beef-and-pork-close-sharply-higher-on-tuesday-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Stronger boxed beef values and firmer futures support higher prices for feedlot cattle and feeder cattle, with the cash market expected to follow.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/beef-pork-close-sharply-higher-tuesday/

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