# Byproduct value and importance to fat cattle prices | Ag Proud

> The USDA's AMS reported a typical slaughter steer's hide and offal value at $9.71 per live hundredweight on Feb. 23, 2021, or about $135.94 for a 1,400-pound steer. That value has risen recently to a level last seen in May 2018. Japan and Mexico are the leading importers of US variety meats.

- Date: 2021-02-26 · published 2021-02-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/48761-byproduct-value-and-importance-to-fat-cattle-prices-ag-proud
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Higher byproduct values add to the carcass value of fed cattle, supporting packer willingness to pay for live cattle. Strong export demand for tongue and tripe reinforces that support.

## Read by commodity

- LCATTLE: bullish ▲

## Sources

- agproud.com: https://www.agproud.com/articles/52883-byproduct-value-and-importance-to-fat-cattle-prices

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