# A few cattle trade in the morning - Brownfield Ag News

> Feedlot cattle trade was very quiet on Thursday as sellers rejected sharply lower packer bids. A few deals surfaced at 121.00 live in the South and 195.00 to 196.00 in the North, and the cattle kill totaled 109,000 head. Boxed beef cutout values fell and Live cattle futures settled unchanged to 57 points lower.

- Date: 2016-06-16 · published 2016-06-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9290-a-few-cattle-trade-in-the-morning-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Weak cash cattle bids and soft beef values pressure feeder and live cattle futures, pointing to lower prices for cattle buyers and feed demand from feedlots.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-trade-morning/

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