# Feeder cattle outlook lower in 2019 - Canadian Cattlemen

> Canadian feeder cattle prices peaked in early October and have since fallen, with March feeder futures down nearly $15 from contract highs. Backgrounders who bought expensive calves face negative margins, and feedlot margins are projected to turn negative in Q2 2019.

- Date: 2018-12-12 · published 2018-12-12T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/61699-feeder-cattle-outlook-lower-in-2019-canadian-cattlemen
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Heavier U.S. and Canadian feeder supplies and weaker margins point to softer feeder cattle prices into spring 2019, which affects feed demand from feedlots.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- canadiancattlemen.ca: https://www.canadiancattlemen.ca/market-talk/feeder-cattle-outlook-lower-in-2019/

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