# Fourth-Quarter Price Dip Ahead

> Oklahoma economist Derrell Peel expects at most a 4% to 6% fourth-quarter dip in feeder calf prices versus 2017 and sees modest seasonal swings. He cites tariff uncertainty, herd expansion, rising feedlot supplies and record pork and poultry production as headwinds.

- Date: 2018-09-17 · published 2018-09-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/63172-fourth-quarter-price-dip-ahead
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Record pork and poultry output could pressure beef prices into 2019, while expanding feedlot supplies weigh on feeder values.

## Read by commodity

- HOGS: bearish ▼
- CHICKEN: bearish ▼
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/livestock/article/2018/09/17/fourth-quarter-price-dip-ahead

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