# Market impacts: Avian flu news, chain speed reduction, more affecting cattle prices - Prairie Grain Partners

> Several factors have pressured live cattle prices in recent weeks, including packers slowing chain speed and skipping Saturday kills, a fire near a National Beef plant, record cattle placements in USDA's On Feed report, and avian influenza news. Packers are reportedly cutting slaughter to manage negative margins and back up supply.

- Date: 2024-04-08 · published 2024-04-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30856-market-impacts-avian-flu-news-chain-speed-reduction-more-affecting-cattle
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Slower packer slaughter reduces near-term beef supply and gives packers leverage to discount heavier feeder cattle, pressuring live and feeder cattle prices. Record placements add future supply, weighing further on cattle futures.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- prairiegrainpartners.com: https://www.prairiegrainpartners.com/story-market-impacts-avian-flu-news-chain-speed-reduction-more-affecting-cattle-prices-25-242989

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