# Price strength uncertain

> Analysts discuss whether cattle prices can regain footing after the summer slump in fed cattle. LMIC forecasts for third-quarter calf and feeder prices were cited, with a backlog of 750,000 to 800,000 fed cattle noted as a key uncertainty.

- Date: 2020-08-20 · published 2020-08-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/51755-price-strength-uncertain
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A large fed cattle backlog and uncertain demand cap the price recovery outlook for calves and feeders, though sustained slaughter could support prices.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Sources

- beefmagazine.com: https://www.beefmagazine.com/market-news/price-strength-uncertain-but-is-optimism-bubbling-

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