# Cattle markets finish the year with a strong tailwind

> Fed cattle prices traded mostly softer to sideways in November, slipping from $123-124 per cwt in October toward $119 before recovering to $120-121 in the final week. USDA estimated November weekly beef production at 537 million pounds, the largest week since 2008.

- Date: 2017-12-08 · published 2017-12-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/67598-cattle-markets-finish-the-year-with-a-strong-tailwind
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Heavy beef output combined with a flat cutout weighs on fed cattle values, though firmer Choice cutout prices and strong demand offer support heading into 2018.

## Read by commodity

- LCATTLE: neutral

## Sources

- beefmagazine.com: https://www.beefmagazine.com/cattle-market-outlook/cattle-markets-finish-the-year-with-a-strong-tailwind

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