# Pressure On Livestock Market Continues - Mid-West Farm Report

> Wisconsin livestock specialist Jeff Swenson reports feedlots pressing for higher bids, with harvest volume at 664,000 head the prior week. The USDA called cash cattle $1.30/cwt higher, while weather, world news and grain prices pressured feeder cattle. August beef exports reached 133,832 metric tons, the second-largest volume on record.

- Date: 2022-10-17 · published 2022-10-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/39264-pressure-on-livestock-market-continues-mid-west-farm-report
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Firm cash fed cattle and strong beef exports support live cattle prices, while higher grain costs weigh on feeder values and packer margins.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bullish ▲

## Sources

- midwestfarmreport.com: https://www.midwestfarmreport.com/2022/10/17/pressure-on-livestock-market-continues/

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