# Falling Cattle Prices, Where is the Bottom? - Center for Commercial Agriculture

> Finished cattle prices fell from a late-March high near $140/cwt to the mid-$120s, a drop much larger than the seasonal norm. June live cattle futures fell from $131.35 to about $115 by the end of April. Beef output is up about 3%, driven by higher cattle numbers and heavier weights.

- Date: 2016-05-02 · published 2016-05-02T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/5999-falling-cattle-prices-where-is-the-bottom-center-for-commercial-agriculture
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Rising beef supply and faster slaughter put sustained downward pressure on cattle prices, and the article expects further weakness into summer. Feeder buyers should expect lower fed cattle values to flow back to feeder cattle.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2016-05-02 | 1 | -4.0% | -5.6 | Published on 5/2, it describes the oversupply (beef output up about 3%) and the price slide well beyond seasonal norms, which fits the continued selling and pessimism on the day. |

## Sources

- ag.purdue.edu: https://ag.purdue.edu/commercialag/home/resource/2016/05/falling-cattle-prices-where-is-the-bottom/

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