# Advantage Packers | Ohio BEEF Cattle Letter

> A December 26 Ohio BEEF Cattle Letter analysis argues packers hold a negotiating advantage over feedlots, with live-to-cutout spreads wider than a year earlier. High on-feed cattle inventories are cited as supply pressure. The piece outlines indicators to monitor such as committed and delivered cattle.

- Date: 2018-12-26 · published 2018-12-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/61706-advantage-packers-ohio-beef-cattle-letter
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Wide packer margins combined with heavy cattle on feed point to pressure on feeder cattle prices until feedlot supplies decline.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: neutral

## Sources

- u.osu.edu: https://u.osu.edu/beef/2018/12/26/advantage-packers/

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