# Continued Weaker Cattle and Beef Prices | Ohio BEEF Cattle Letter

> Boxed beef cutout values fell well below $2 per pound and live cattle futures traded below $1 per pound for several days in September. Beef production is at high levels and lower prices are encouraging product movement.

- Date: 2016-09-28 · published 2016-09-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11107-continued-weaker-cattle-and-beef-prices-ohio-beef-cattle-letter
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Higher beef output and weak cutout values keep pressure on live and feeder cattle prices, though lower prices may eventually boost demand.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- u.osu.edu: https://u.osu.edu/beef/2016/09/28/continued-weaker-cattle-and-beef-prices/

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