# Pete’s Comments: Meandering markets | Western Livestock Journal

> Pete Crow notes cattle markets softened about $1 in the week, though prices held strong despite large slaughter numbers. Packers continue processing about 650,000 head weekly and earning over $200 per head, while the cow herd has grown 16 percent over three years.

- Date: 2018-08-27 · published 2018-08-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/63658-pete-s-comments-meandering-markets-western-livestock-journal
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Record slaughter and herd expansion keep fed cattle supplies heavy, but expected fall declines in finished supplies could support the fed market and feeder demand.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Sources

- wlj.net: https://www.wlj.net/petes-comments-meandering-markets/

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