# Byproduct Exports Important to Cattle Prices

> An NDSU extension economist explains that beef byproducts such as hides, tallow, offal and meat and bone meal contribute significantly to cattle values. Export demand is especially important because US byproduct output is large relative to domestic demand.

- Date: 2020-11-20 · published 2020-11-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/50262-byproduct-exports-important-to-cattle-prices
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md)

## Why it matters

Strong export demand for beef byproducts supports cattle carcass value, while weak exports would pressure live cattle prices.

## Read by commodity

- MBM: neutral
- LCATTLE: neutral

## Sources

- drovers.com: https://www.drovers.com/markets/byproduct-exports-important-cattle-prices

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