# Upside limited in feeder cattle market?

> LMIC estimates fed cattle breakeven prices in the $120s per cwt for the rest of 2017, implying projected feedlot losses. Steers placed in August or September are expected to breakeven at $118-$121 per cwt.

- Date: 2017-09-25 · published 2017-09-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/69084-upside-limited-in-feeder-cattle-market
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Feedlot losses limit how high feeder prices can rise, as feeders have already priced in expected profit, suggesting little additional upside in cash feeder cattle.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: neutral

## Sources

- beefmagazine.com: https://www.beefmagazine.com/pasture/6-trending-headlines-upside-limited-in-feeder-cattle-market-plus-questions-for-startup-stocker-operators

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