# Weak hide values hurt cattle prices — Spot On Oklahoma

> Woodward News reports that beef by-product values, roughly 10% of fed cattle prices, have fallen sharply over the past 18 months. The weak hide and by-product values are pulling down cattle price levels.

- Date: 2019-08-11 · published 2019-08-11T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/57715-weak-hide-values-hurt-cattle-prices-spot-on-oklahoma
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Lower by-product credits reduce the total value packers can pay for fed cattle, which weighs on live cattle prices.

## Read by commodity

- LCATTLE: bearish ▼

## Sources

- spotonoklahoma.com: https://spotonoklahoma.com/red-carpet-country/214518/weak-hide-values-hurt-cattle-prices.html

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