# Beef prices are coming down. Consumers rejoice, producers retrench. | Iowa Agribusiness Radio Network

> Market specialists expect beef prices to decline, with finished cattle prices having fallen over recent weeks. USDA's Cattle on Feed report showed cattle placed early out of the Southern Plains because of drought.

- Date: 2018-05-31 · published 2018-05-31T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/65131-beef-prices-are-coming-down-consumers-rejoice-producers-retrench-iowa
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Early placements and drought-driven marketing reduce feedlot supplies ahead, pressuring fed cattle prices, while lower beef prices could weigh on retail demand. Feed buyers should expect softer cattle values this summer.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2019-07-22 | [High feed prices challenge cattle producers \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/58234-high-feed-prices-challenge-cattle-producers-iowa-agribusiness-radio-network.md) | +0.3% | -4.1% |
| LCATTLE | 2019-06-28 | [Higher priced corn challenging cattle prices \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/9501-higher-priced-corn-challenging-cattle-prices-iowa-agribusiness-radio-network.md) | -1.8% | +0.3% |
| LCATTLE | 2018-06-26 | [Feedlots full, cattle prices slipping \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/64644-feedlots-full-cattle-prices-slipping-iowa-agribusiness-radio-network.md) | -0.4% | +2.8% |
| LCATTLE | 2022-04-25 | [Beef production continues to be down in 2022 - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/41788-beef-production-continues-to-be-down-in-2022-progressive-cattle-ag-proud.md) | +0.5% | -3.4% |
| 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% |
| FCATTLE | 2019-07-22 | [High feed prices challenge cattle producers \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/58234-high-feed-prices-challenge-cattle-producers-iowa-agribusiness-radio-network.md) | +2.7% | -3.9% |
| FCATTLE | 2019-06-28 | [Higher priced corn challenging cattle prices \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/9501-higher-priced-corn-challenging-cattle-prices-iowa-agribusiness-radio-network.md) | +2.2% | +5.8% |
| FCATTLE | 2018-06-26 | [Feedlots full, cattle prices slipping \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/64644-feedlots-full-cattle-prices-slipping-iowa-agribusiness-radio-network.md) | +4.2% | +4.8% |

## Sources

- iowaagribusinessradionetwork.com: https://iowaagribusinessradionetwork.com/beef-prices-are-coming-down-consumers-rejoice-producers-retrench/

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