# Projecting feeder cattle prices in 2018

> Harlan Hughes projects feeder cattle prices using FAPRI spring 2018 forecasts, which suggest annual slaughter cattle prices may average $115 per cwt in 2018, $113 in 2019 and $110 in 2020, with the cycle bottoming around 2020. Drought in cow country is identified as the main factor that could change these projections.

- Date: 2018-06-08 · published 2018-06-08T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/64683-projecting-feeder-cattle-prices-in-2018
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Long-run forecasts of lower slaughter prices through 2020 signal sustained pressure on cattle values and cattle-feeding margins. Drought in cow country could alter the outlook and affect feed demand.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2020-04-30 | [Feeder cattle aren't in feedlots](https://feedsoft.ai/events/53784-feeder-cattle-aren-t-in-feedlots.md) | +3.8% | +13.3% |
| FCATTLE | 2018-09-25 | [Increasing beef production: What it means for cattle prices](https://feedsoft.ai/events/63190-increasing-beef-production-what-it-means-for-cattle-prices.md) | +1.4% | -0.5% |
| FCATTLE | 2023-10-24 | [USDA Cattle on Feed Report Hits Cattle Prices Hard](https://feedsoft.ai/events/10309-usda-cattle-on-feed-report-hits-cattle-prices-hard.md) | +0.0% | -3.3% |
| FCATTLE | 2016-12-23 | [Cattle prices declined in October - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/73417-cattle-prices-declined-in-october-progressive-cattle-ag-proud.md) | -0.5% | +1.0% |
| FCATTLE | 2018-04-11 | [Crop Planting Report and Feeder Price Decline \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/65646-crop-planting-report-and-feeder-price-decline-ohio-beef-cattle-letter.md) | +2.9% | +2.2% |
| LCATTLE | 2018-09-25 | [Increasing beef production: What it means for cattle prices](https://feedsoft.ai/events/63190-increasing-beef-production-what-it-means-for-cattle-prices.md) | +0.7% | +0.0% |
| LCATTLE | 2023-10-24 | [USDA Cattle on Feed Report Hits Cattle Prices Hard](https://feedsoft.ai/events/10309-usda-cattle-on-feed-report-hits-cattle-prices-hard.md) | +1.1% | -3.0% |
| LCATTLE | 2016-12-23 | [Cattle prices declined in October - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/73417-cattle-prices-declined-in-october-progressive-cattle-ag-proud.md) | +3.7% | +6.4% |

## Sources

- beefmagazine.com: https://www.beefmagazine.com/cattle-market-outlook/projecting-feeder-cattle-prices-in-2018

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