# Fat cattle market took a dive; some blame meatpacker manipulation | TheFencePost.com

> Fed cattle prices dropped sharply in mid-May, with cash trade near $1.10 per pound against feeder break-evens of $1.15 to $1.30. Feeders say the drop harmed their operations, and some blame concentrated meatpackers for timing market declines.

- Date: 2018-06-13 · published 2018-06-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/64634-fat-cattle-market-took-a-dive-some-blame-meatpacker-manipulation-thefencepost
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A sharp fall in fed cattle prices squeezes feedlot margins and can reduce feeder cattle demand, while allegations of packer manipulation could draw regulatory scrutiny.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- thefencepost.com: https://www.thefencepost.com/news/fat-cattle-market-took-a-dive-some-blame-meatpacker-manipulation/

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