# Red meat outlook dampened by export loss, higher feed costs  - MooseJawToday.com

> A mid-year Farm Credit Canada outlook predicts declining red meat exports, higher feed costs and seasonal price dips in the second half of 2019. It also reports strong first-half Canadian beef demand, including a doubling of exports to Japan, and forecasts U.S. fed steer prices around US$1.10 to 1.17 per pound.

- Date: 2019-09-09 · published 2019-09-09T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/57195-red-meat-outlook-dampened-by-export-loss-higher-feed-costs-moosejawtoday-com
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher expected feed costs and weaker export demand point to tighter cattle and hog margins for feedlots. Buyers should expect seasonal cattle price softness alongside firmer grain costs.

## Read by commodity

- CORN: bullish ▲
- HOGS: bearish ▼
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2018-05-01 | [FEEDSTUFFS MEAT PRICE OUTLOOK: May 01, 2018](https://feedsoft.ai/events/4611-feedstuffs-meat-price-outlook-may-01-2018.md) | -7.4% | -13.3% |
| LCATTLE | 2018-07-25 | [Cattle on feed underpinning US beef exports \| Meat & Livestock Australia](https://feedsoft.ai/events/63963-cattle-on-feed-underpinning-us-beef-exports-meat-and-livestock-australia.md) | -0.6% | -0.6% |
| LCATTLE | 2017-09-19 | [FEEDSTUFFS MEAT PRICE OUTLOOK: September 19, 2017](https://feedsoft.ai/events/69064-feedstuffs-meat-price-outlook-september-19-2017.md) | +2.0% | +4.3% |
| LCATTLE | 2023-10-24 | [USDA Cattle on Feed Report Hits Cattle Prices Hard](https://feedsoft.ai/events/10309-usda-cattle-on-feed-report-hits-cattle-prices-hard.md) | +1.1% | -3.0% |
| LCATTLE | 2016-12-09 | [Rabobank Commodity Outlook Sees Strong Salmon, Shrimp Markets; Lower Fishmeal Prices](https://feedsoft.ai/events/73568-rabobank-commodity-outlook-sees-strong-salmon-shrimp-markets-lower-fishmeal.md) | -1.2% | +4.3% |
| FCATTLE | 2018-05-01 | [FEEDSTUFFS MEAT PRICE OUTLOOK: May 01, 2018](https://feedsoft.ai/events/4611-feedstuffs-meat-price-outlook-may-01-2018.md) | -1.8% | +3.4% |
| FCATTLE | 2018-07-25 | [Cattle on feed underpinning US beef exports \| Meat & Livestock Australia](https://feedsoft.ai/events/63963-cattle-on-feed-underpinning-us-beef-exports-meat-and-livestock-australia.md) | -2.2% | -2.3% |
| FCATTLE | 2023-10-24 | [USDA Cattle on Feed Report Hits Cattle Prices Hard](https://feedsoft.ai/events/10309-usda-cattle-on-feed-report-hits-cattle-prices-hard.md) | +0.0% | -3.3% |

## Sources

- moosejawtoday.com: https://www.moosejawtoday.com/agriculture-news/red-meat-outlook-dampened-by-export-loss-higher-feed-costs-1681894

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