# A New Year for Cattle Markets | Ohio BEEF Cattle Letter

> Oklahoma State extension analyst Derrell Peel expects 2017 cattle prices to average near fourth-quarter 2016 levels but below 2016 annual averages. He flags macro uncertainty, rising interest rates, and volatility in live and feeder cattle futures, and projects about four percent more beef production in 2017.

- Date: 2017-01-11 · published 2017-01-11T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/72946-a-new-year-for-cattle-markets-ohio-beef-cattle-letter
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Expected higher beef output with prices slightly lower year over year points to softer cattle prices and more volatile futures used for hedging.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2020-10-28 | [Cattle on Feed Grows Again \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/50777-cattle-on-feed-grows-again-ohio-beef-cattle-letter.md) | +1.0% | +5.2% |
| LCATTLE | 2016-09-07 | [Lower Cash Fed Cattle Prices on Large Cattle Slaughter \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/9461-lower-cash-fed-cattle-prices-on-large-cattle-slaughter-ohio-beef-cattle-letter.md) | +0.1% | -2.4% |
| LCATTLE | 2018-06-27 | [Beef Supply and Demand Challenges Continue \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/64472-beef-supply-and-demand-challenges-continue-ohio-beef-cattle-letter.md) | -0.6% | +3.2% |
| LCATTLE | 2023-10-30 | [Cash Cattle Markets See Seasonal Lows \| Red River Farm Network](https://feedsoft.ai/events/33788-cash-cattle-markets-see-seasonal-lows-red-river-farm-network.md) | -0.6% | -6.7% |
| LCATTLE | 2019-01-08 | [Beef cattle market: 2018 in review and a look ahead \| Western Livestock Journal](https://feedsoft.ai/events/61217-beef-cattle-market-2018-in-review-and-a-look-ahead-western-livestock-journal.md) | +1.4% | +1.6% |
| FCATTLE | 2020-10-28 | [Cattle on Feed Grows Again \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/50777-cattle-on-feed-grows-again-ohio-beef-cattle-letter.md) | +1.4% | +3.2% |
| FCATTLE | 2016-09-07 | [Lower Cash Fed Cattle Prices on Large Cattle Slaughter \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/9461-lower-cash-fed-cattle-prices-on-large-cattle-slaughter-ohio-beef-cattle-letter.md) | +2.2% | -1.9% |
| FCATTLE | 2018-06-27 | [Beef Supply and Demand Challenges Continue \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/64472-beef-supply-and-demand-challenges-continue-ohio-beef-cattle-letter.md) | +4.6% | +4.6% |

## Sources

- u.osu.edu: https://u.osu.edu/beef/2017/01/11/a-new-year-for-cattle-markets/

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