# Cattle Market Overriding Themes | Ohio BEEF Cattle Letter

> An extension economist outlines the main cattle market forces for 2018: beef production is rising about 4 percent this year, with slowing herd expansion expected in 2018 and 2019. Strong domestic and export beef demand is providing price support.

- Date: 2018-08-22 · published 2018-08-22T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/63656-cattle-market-overriding-themes-ohio-beef-cattle-letter
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Large beef supplies are the main headwind on cattle prices, while robust demand cushions the decline; feeder buyers should expect pressure into fall calf sales.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2018-03-27 | [The big picture scares cattle markets](https://feedsoft.ai/events/66132-the-big-picture-scares-cattle-markets.md) | -3.4% | +0.8% |
| LCATTLE | 2018-02-05 | [Place your bet on fed cattle market](https://feedsoft.ai/events/66625-place-your-bet-on-fed-cattle-market.md) | -0.3% | -1.3% |
| LCATTLE | 2020-03-10 | [Coronavirus affecting cattle, other markets](https://feedsoft.ai/events/54074-coronavirus-affecting-cattle-other-markets.md) | -7.3% | -10.6% |
| LCATTLE | 2019-08-21 | [Macroeconomic Volatility and Industry Specific Shocks Pressure Down Cattle Prices \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/10657-macroeconomic-volatility-and-industry-specific-shocks-pressure-down-cattle.md) | +1.6% | -4.3% |
| LCATTLE | 2020-01-01 | [Cattle market shaken by COVID-19](https://feedsoft.ai/events/55236-cattle-market-shaken-by-covid-19.md) | +1.5% | -0.4% |
| FCATTLE | 2018-03-27 | [The big picture scares cattle markets](https://feedsoft.ai/events/66132-the-big-picture-scares-cattle-markets.md) | -3.3% | +3.1% |
| FCATTLE | 2018-02-05 | [Place your bet on fed cattle market](https://feedsoft.ai/events/66625-place-your-bet-on-fed-cattle-market.md) | -3.1% | -3.8% |
| FCATTLE | 2019-08-21 | [Macroeconomic Volatility and Industry Specific Shocks Pressure Down Cattle Prices \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/10657-macroeconomic-volatility-and-industry-specific-shocks-pressure-down-cattle.md) | +1.7% | +2.6% |

## Sources

- u.osu.edu: https://u.osu.edu/beef/2018/08/22/cattle-market-overriding-themes/

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