# Market Update and Video | Ohio BEEF Cattle Letter

> A Mississippi State and Ohio extension update reviewed the cattle market setting, noting higher steer prices and live cattle prices versus a year ago, with boxed beef off its summer peak but strong. Bullish factors included tight supplies, drought-driven cow liquidation and export growth to China, while corn price volatility was flagged as the main headwind.

- Date: 2021-08-18 · published 2021-08-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/45702-market-update-and-video-ohio-beef-cattle-letter
- 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

Expected lower cow numbers and strong demand support cattle prices into the fall, while volatile corn costs are the key risk for feedlot margins and feed buyers.

## Read by commodity

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

## Sources

- u.osu.edu: https://u.osu.edu/beef/2021/08/18/market-update-video/

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