# An improved outlook for beef producers - Brownfield Ag News

> CattleFax analyst Kevin Good says 2021 is the third consecutive year of cattle liquidation and a third year of smaller calf crops. He expects tighter supplies in late 2021 into 2022 alongside record beef demand, and he pegs the 2022 fed steer price near $135 per hundredweight.

- Date: 2021-08-12 · published 2021-08-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/45513-an-improved-outlook-for-beef-producers-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Shrinking cattle numbers and strong demand point to higher live cattle and feeder cattle prices, which raises the cost of finishing cattle and affects feed demand for finishing rations.

## Read by commodity

- CORN: neutral
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- brownfieldagnews.com: https://www.brownfieldagnews.com/news/an-improved-outlook-for-beef-producers/

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