# Place your bet on fed cattle market

> An outlook piece says larger beef supplies will test cattle market strength in 2018, with feeder cattle prices implying feedlot breakevens near $121 per cwt. Feedlot placements in recent months ran above the prior year, and futures fell more than $7 per cwt by mid-January.

- Date: 2018-02-05 · published 2018-02-05T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/66625-place-your-bet-on-fed-cattle-market
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Rising beef and competing protein supplies could pressure fed cattle prices, while larger feedlot placements mean more cattle on feed, supporting steady feed demand.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| LCATTLE | 2017-01-03 | [A new year for cattle markets -  \| Ag Proud](https://feedsoft.ai/events/73127-a-new-year-for-cattle-markets-ag-proud.md) | -0.9% | +0.4% |
| LCATTLE | 2020-02-26 | [Cattle futures drop on broader market pressure - Brownfield Ag News](https://feedsoft.ai/events/12063-cattle-futures-drop-on-broader-market-pressure-brownfield-ag-news.md) | -4.2% | -8.0% |
| 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 | 2018-08-22 | [Cattle Market Overriding Themes \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/63656-cattle-market-overriding-themes-ohio-beef-cattle-letter.md) | -1.1% | +2.1% |
| FCATTLE | 2017-01-03 | [A new year for cattle markets -  \| Ag Proud](https://feedsoft.ai/events/73127-a-new-year-for-cattle-markets-ag-proud.md) | -0.9% | -5.9% |
| FCATTLE | 2020-02-26 | [Cattle futures drop on broader market pressure - Brownfield Ag News](https://feedsoft.ai/events/12063-cattle-futures-drop-on-broader-market-pressure-brownfield-ag-news.md) | +0.4% | -2.1% |
| 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% |

## Sources

- farmprogress.com: https://www.farmprogress.com/farm-business/place-your-bet-on-fed-cattle-market

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