# Market trends, management strategies highlight cattle field day

> An LSU AgCenter economist said U.S. cattle supplies grew about 3% this year and beef demand is improving but faces competition from pork and chicken. Retail fresh beef prices have fallen 18 cents per pound since October. Cattle prices have failed to sustain gains in 2016.

- Date: 2016-05-04 · published 2016-05-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6004-market-trends-management-strategies-highlight-cattle-field-day
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Expanding red meat and poultry output must be sold, which keeps downward pressure on wholesale and retail beef prices. Feedlot operators may see lower fed cattle prices persist through year-end.

## Read by commodity

- CHICKEN: bearish ▼
- LCATTLE: bearish ▼

## Sources

- lsuagcenter.com: https://www.lsuagcenter.com/profiles/rbogren/articles/page1462290065124

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