# Cattle Markets Hold Steady With Higher Prices - The Farm

> Negotiated fed cattle sales rose 50 cents to $1 higher in the week, and the Choice beef cutout averaged $308.43. Fed cattle supplies are not expected to rise before year-end, and packers are operating at negative margins.

- Date: 2024-10-18 · published 2024-10-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/27816-cattle-markets-hold-steady-with-higher-prices-the-farm
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Tight fed cattle supplies and firmer wholesale beef values support live cattle prices through the end of the year.

## Read by commodity

- LCATTLE: bullish ▲

## Sources

- thefarmwi.com: https://www.thefarmwi.com/cattle-markets-hold-steady-with-higher-prices/

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