# Fall forage conditions improvre cattle prices

> Steers sold $1-$6 per cwt higher and heifers mostly steady to $3 higher as improving fall forage conditions and wheat pasture prospects supported calf and feeder prices. USDA ERS nudged its feeder cattle price forecasts slightly higher for the rest of 2018 and 2019.

- Date: 2018-09-22 · published 2018-09-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/63167-fall-forage-conditions-improvre-cattle-prices
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Abundant grass and wheat pasture reduce backgrounding costs and support feeder demand, though ERS expects seasonal fourth-quarter softness.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- beefmagazine.com: https://www.beefmagazine.com/cattle-market-outlook/cattle-market-weekly-audio-report-for-saturday-sept-22-2018

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