# Future prices depend on supply management | Western Livestock Journal

> Texas Cattle Feeders Association CEO Ross Wilson forecast fed cattle averaging $119/cwt in 2018's close and $114 in 2018, with cash fed and feeder cattle both projected down $5-6. CattleFax expects the US to add 700,000 beef cows in 2018 and 200,000 in 2019.

- Date: 2017-11-22 · published 2017-11-22T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/67924-future-prices-depend-on-supply-management-western-livestock-journal
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Herd rebuilding will raise beef supply and pressure cattle prices unless exports grow. Feeder and fed cattle buyers should plan for lower prices over the coming year.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2021-04-09 | [Rising feed prices impact cattle markets \| Western Livestock Journal](https://feedsoft.ai/events/47743-rising-feed-prices-impact-cattle-markets-western-livestock-journal.md) | +0.6% | -3.2% |
| LCATTLE | 2020-08-28 | [Markets slide lower on COF news \| Western Livestock Journal](https://feedsoft.ai/events/51751-markets-slide-lower-on-cof-news-western-livestock-journal.md) | -0.2% | +0.9% |
| LCATTLE | 2018-03-05 | [Higher protein production forecast pressures prices for livestock producers \| Western Livestock Journal](https://feedsoft.ai/events/65941-higher-protein-production-forecast-pressures-prices-for-livestock-producers.md) | -0.1% | -6.7% |
| LCATTLE | 2023-10-27 | [Pete's Comments: Speed bump \| Western Livestock Journal](https://feedsoft.ai/events/33775-pete-s-comments-speed-bump-western-livestock-journal.md) | +0.2% | -5.4% |
| LCATTLE | 2019-05-23 | [Markets dally before COF report \| Western Livestock Journal](https://feedsoft.ai/events/5753-markets-dally-before-cof-report-western-livestock-journal.md) | -0.6% | -2.4% |
| FCATTLE | 2021-04-09 | [Rising feed prices impact cattle markets \| Western Livestock Journal](https://feedsoft.ai/events/47743-rising-feed-prices-impact-cattle-markets-western-livestock-journal.md) | -4.8% | -11.3% |
| FCATTLE | 2020-08-28 | [Markets slide lower on COF news \| Western Livestock Journal](https://feedsoft.ai/events/51751-markets-slide-lower-on-cof-news-western-livestock-journal.md) | -3.1% | -1.2% |
| FCATTLE | 2023-10-27 | [Pete's Comments: Speed bump \| Western Livestock Journal](https://feedsoft.ai/events/33775-pete-s-comments-speed-bump-western-livestock-journal.md) | +0.9% | -8.8% |

## Sources

- wlj.net: https://www.wlj.net/future-prices-depend-on-supply-management/

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