# Cattle Markets Move On

> An Oklahoma State extension analysis says the fed cattle market was the industry's main bottleneck in 2021, caused by feedlot placement backlogs and packing capacity limits. Fed cattle prices have jumped roughly $5/cwt over the past two weeks. The author expects cattle and beef markets to rebalance.

- Date: 2021-11-08 · published 2021-11-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/44200-cattle-markets-move-on
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Easing the packing bottleneck lifts fed cattle prices and supports the live cattle complex. Tighter supply in coming months should keep prices firm.

## Read by commodity

- LCATTLE: bullish ▲

## Sources

- beefmagazine.com: https://www.beefmagazine.com/cattle-market-outlook/cattle-markets-move-on

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