# Beef market stabilizing but still below 2016 level

> Cattle prices have improved from recent declines but remain below year-ago levels, with CME feeder futures pulling back near late-June levels in the low-to-mid $150s. Slaughter weights are rising seasonally but remain under 2016.

- Date: 2017-07-27 · published 2017-07-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/70089-beef-market-stabilizing-but-still-below-2016-level
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Steadier summer feeder and fed cattle markets support producer margins, but uncertainty about whether recent gains will hold keeps the price outlook mixed.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Sources

- farmprogress.com: https://www.farmprogress.com/business/beef-market-stabilizing-but-still-below-2016-level

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