# Cattle markets and the economy lead Texas cattlemen’s concerns - High Plains Journal

> At a Texas mini-ag conference on Sept. 9, a Texas A&M economist explained that cattle markets moved as expected after the Tyson Holcomb fire. Beef prices rose on perceived supply loss, while live cattle prices fell on the perception of lower packing demand. Trade wars and the domestic economy were also raised as concerns.

- Date: 2019-09-23 · published 2019-09-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/57220-cattle-markets-and-the-economy-lead-texas-cattlemen-s-concerns-high-plains
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Buyer perceptions of reduced packing capacity pushed beef up and live cattle down, and the market is adjusting as plants reorganize. Ongoing trade and economic uncertainty adds risk to cattle values.

## Read by commodity

- LCATTLE: neutral

## Sources

- hpj.com: https://hpj.com/2019/09/23/cattle-markets-and-the-economy-lead-texas-cattlemens-concerns/

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