# Cattle Prices Lowered but Supply Fundamentals Remain | Industry News | feedlotmagazine.com

> USDA's December outlook says slaughter steer prices averaged $221.02/cwt in November, the lowest since April, after U.S. beef tariff removals on Brazil and Tyson's packing cuts. The Q4 2025 slaughter steer forecast was lowered $8 to $226, and the 2026 forecast was lowered $11 to $235/cwt.

- Date: 2025-12-22 · published 2025-12-22T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/21641-cattle-prices-lowered-but-supply-fundamentals-remain-industry-news
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Lower packing capacity and Brazilian beef access reduce near-term cattle demand, though tight calf supplies still support higher 2026 prices for feeder and fed cattle buyers.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2026-05-28 | [Placements of Cattle on Feed up 6% \| Industry News \| feedlotmagazine.com](https://feedsoft.ai/events/19413-placements-of-cattle-on-feed-up-6-industry-news-feedlotmagazine-com.md) | -3.4% | +5.3% |
| FCATTLE | 2019-06-19 | [Cattle Prices, Pasture Conditions, and Feed Costs \| News \| feedlotmagazine.com](https://feedsoft.ai/events/58732-cattle-prices-pasture-conditions-and-feed-costs-news-feedlotmagazine-com.md) | -4.3% | +2.4% |
| FCATTLE | 2017-02-24 | [Feeder cattle futures were sharply lower - Brownfield Ag News](https://feedsoft.ai/events/8680-feeder-cattle-futures-were-sharply-lower-brownfield-ag-news.md) | -1.4% | +6.8% |
| FCATTLE | 2018-06-26 | [Feedlots full, cattle prices slipping \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/64644-feedlots-full-cattle-prices-slipping-iowa-agribusiness-radio-network.md) | +4.2% | +4.8% |
| FCATTLE | 2023-11-14 | [USDA cattle report shows strong market prices support higher feedlot numbers - Oklahoma Farm Report](https://feedsoft.ai/events/33332-usda-cattle-report-shows-strong-market-prices-support-higher-feedlot-numbers.md) | -0.4% | -5.0% |
| LCATTLE | 2017-02-24 | [Feeder cattle futures were sharply lower - Brownfield Ag News](https://feedsoft.ai/events/8680-feeder-cattle-futures-were-sharply-lower-brownfield-ag-news.md) | -0.9% | +3.2% |
| LCATTLE | 2024-03-27 | [Fed cattle supplies remain larger than a year ago \| Ag Proud](https://feedsoft.ai/events/31322-fed-cattle-supplies-remain-larger-than-a-year-ago-ag-proud.md) | -0.9% | -2.1% |
| LCATTLE | 2018-06-26 | [Feedlots full, cattle prices slipping \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/64644-feedlots-full-cattle-prices-slipping-iowa-agribusiness-radio-network.md) | -0.4% | +2.8% |

## Sources

- feedlotmagazine.com: https://www.feedlotmagazine.com/news/industry_news/cattle-prices-lowered-but-supply-fundamentals-remain/article_65362446-6ebb-4a19-80cc-090b6b382d7c.html

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