# Boxed beef closes higher - Brownfield Ag News

> Live cattle futures closed higher, with the February contract reaching 123.07 on sharp gains and the rest of the market showing weaker buyer support. Feeder cattle finished mixed to slightly lower, and boxed beef values rose as Choice cutout gained 1.66.

- Date: 2017-02-23 · published 2017-02-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8675-boxed-beef-closes-higher-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Higher boxed beef and firm cash cattle prices support live cattle, while the mixed feeder market signals limited upside for feeder prices.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/boxed-beef-closes-higher-2/

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