# Demand for feeder cattle continues strong

> Feeder steers and heifers traded mostly steady to $6 per cwt higher this week as buyers bid aggressively, supported by a rally in futures. USDA ERS projects fourth-quarter feeder steer prices at $140-$146 per cwt, with expected declines in feeding margins likely to pressure calf prices.

- Date: 2017-09-23 · published 2017-09-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/69083-demand-for-feeder-cattle-continues-strong
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Strong feeder demand and firm futures support cattle prices, while expected feedlot margin squeeze could cap calf prices ahead.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: neutral

## Sources

- beefmagazine.com: https://www.beefmagazine.com/cattle-market-outlook/demand-for-feeder-cattle-continues-strong

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