# Weekly Livestock Comments for August 30, 2019 | Ohio BEEF Cattle Letter

> Fed cattle traded $2 to $3 lower than the prior week, with live prices mainly $103 to $107. The Choice boxed beef cutout fell $6.30 from the prior Friday, and the commentary notes that a large harvest facility was out of operation after the Tyson fire.

- Date: 2019-09-04 · published 2019-09-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10034-weekly-livestock-comments-for-august-30-2019-ohio-beef-cattle-letter
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Packers hold the pricing advantage while feeder cattle supplies are expected to rise, which keeps live cattle prices under pressure and feeder margins thin.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- u.osu.edu: https://u.osu.edu/beef/2019/09/04/weekly-livestock-comments-for-august-30-2019/

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