# Cattle markets show some signs of improvement - Texas Farm Bureau

> Texas A&M economist David Anderson says cattle prices are showing signs of improvement, with fed cattle more than $25 per hundredweight above a year ago. Packing capacity is constrained by pandemic-related slowdowns. USDA data show feedlot inventory on June 1 at 11.7 million head, the second-highest for June since 1996.

- Date: 2021-07-19 · published 2021-07-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/46236-cattle-markets-show-some-signs-of-improvement-texas-farm-bureau
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Tightening cattle supplies and higher fed prices support feeder and calf values, although packing bottlenecks keep the gains limited for producers.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- texasfarmbureau.org: https://texasfarmbureau.org/cattle-markets-show-signs-of-improvement/

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