# In-depth look at COVID-19’s effect on beef market

> Farm Credit Illinois regional vice president Mike Baker reviews COVID-19 effects on beef, noting steer calf prices have been erratic and October feeder futures are about 30 cents below their mid-January high. He argues that strong beef demand and higher cull cow values should support the market.

- Date: 2020-03-30 · published 2020-03-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/54261-in-depth-look-at-covid-19-s-effect-on-beef-market
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Feeder buyers face uncertain fall calf prices, but strong beef demand and firm cull values point to some support for cattle markets.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Sources

- farmprogress.com: https://www.farmprogress.com/livestock/in-depth-look-at-covid-19-s-effect-on-beef-market

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