# Kentucky Beef Cattle Market Update | Ohio BEEF Cattle Letter

> University of Kentucky's Kenny Burdine says feeder cattle markets have rallied since fall 2016, with August CME feeder futures near $150 on June 13. Local cash feeder markets have held firm and fed cattle have not shown their usual June weakness. Beef exports are running well ahead of 2016, and expected trade with China is seen as supportive.

- Date: 2017-06-21 · published 2017-06-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/70664-kentucky-beef-cattle-market-update-ohio-beef-cattle-letter
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Stronger export demand and expected China access support cattle prices into the second half of 2017. Dressed weights running about 20 lb/head below 2016 also tighten beef supply.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- u.osu.edu: https://u.osu.edu/beef/2017/06/21/kentucky-beef-cattle-market-update-8/

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