# Demand strength seen across the cattle complex - Progressive Cattle | Ag Proud

> Analysts report that feeder and fed cattle prices were supported by strong demand in the first quarter. Packer demand has likely weakened as margins were squeezed by falling wholesale beef prices. Weekly dressed weights and forecasts for first-half commercial beef production were raised.

- Date: 2017-05-24 · published 2017-05-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/70971-demand-strength-seen-across-the-cattle-complex-progressive-cattle-ag-proud
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Weaker packer margins could reduce cattle demand and pressure live and feeder cattle prices. Higher carcass weights point to ample beef supply.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: bearish ▼

## Sources

- agproud.com: https://www.agproud.com/articles/49329-demand-strength-seen-across-the-cattle-complex

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