# Cattle, hog futures finish lower - Brownfield Ag News

> Chicago Mercantile Exchange live cattle futures finished lower on demand uncertainty and a bearish USDA cold storage report, with August down $0.17 at $113.25. Feeder cattle also fell on demand concerns and pre-direct cash position squaring, while Choice boxed beef closed $0.75 lower.

- Date: 2016-08-23 · published 2016-08-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9390-cattle-hog-futures-finish-lower-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lower cattle futures and cash bids reduce the feedlot value of cattle and signal weaker demand for beef, which tends to ease feeder cattle prices and sentiment for feed grains tied to cattle feeding.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-hog-futures-finish-lower/

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