# Another Week, Another Record

> Fed cattle prices rose again for a third straight week, with the weekly five-market average at $180.44 and Iowa and Nebraska trades at $182-$183. The Choice boxed beef cutout climbed to $305 by Monday, April 17. Live-to-cutout packer margins narrowed to about $237 in mid-April from $385 a year earlier.

- Date: 2023-04-18 · published 2023-04-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6117-another-week-another-record
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Rising cutout values alongside record cash cattle support prices, but narrowing packer margins may limit how much more packers will pay. Calf and feeder prices are following fed cattle higher.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- southernagtoday.org: https://southernagtoday.org/2023/04/18/another-week-another-record/

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