# Weekly Livestock Comments for May 17, 2019 | Ohio BEEF Cattle Letter

> Fed cattle traded about $3 lower on a live basis in the week, with live prices mostly $116 to $117 and dressed $184 to $186. This was the third straight weekly decline, and the 5-area weighted average fell to $116.70 live. The Choice cutout was $219.71, down $1.23 from a week earlier.

- Date: 2019-05-22 · published 2019-05-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5750-weekly-livestock-comments-for-may-17-2019-ohio-beef-cattle-letter
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Falling cash prices are eroding the positive basis to June futures, which has been pushing feedlots to sell cattle early. Continued weakness would pressure live cattle prices further.

## Read by commodity

- LCATTLE: bearish ▼

## Sources

- u.osu.edu: https://u.osu.edu/beef/2019/05/22/weekly-livestock-comments-for-may-17-2019/

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