# A new year for cattle markets -  | Ag Proud

> An Oklahoma State Extension outlook expects 2017 cattle prices to average near fourth-quarter 2016 levels but below 2016 averages. It cites macroeconomic uncertainty, rising rate expectations and volatility in live and feeder cattle futures as key risks.

- Date: 2017-01-03 · published 2017-01-03T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/73127-a-new-year-for-cattle-markets-ag-proud
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Expected lower annual cattle prices and volatile futures make hedging harder for feeders and affect feed purchasing budgets.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2018-03-26 | [Mixed macroeconomic signals shake cattle markets -  \| Ag Proud](https://feedsoft.ai/events/66136-mixed-macroeconomic-signals-shake-cattle-markets-ag-proud.md) | -4.3% | -0.1% |
| LCATTLE | 2020-04-30 | [Estimating COVID-19 effects on the cattle markets - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/53773-estimating-covid-19-effects-on-the-cattle-markets-progressive-cattle-ag-proud.md) | +3.2% | +19.4% |
| LCATTLE | 2020-02-26 | [Cattle futures drop on broader market pressure - Brownfield Ag News](https://feedsoft.ai/events/12063-cattle-futures-drop-on-broader-market-pressure-brownfield-ag-news.md) | -4.2% | -8.0% |
| LCATTLE | 2018-02-05 | [Place your bet on fed cattle market](https://feedsoft.ai/events/66625-place-your-bet-on-fed-cattle-market.md) | -0.3% | -1.3% |
| LCATTLE | 2018-03-27 | [The big picture scares cattle markets](https://feedsoft.ai/events/66132-the-big-picture-scares-cattle-markets.md) | -3.4% | +0.8% |
| FCATTLE | 2018-03-26 | [Mixed macroeconomic signals shake cattle markets -  \| Ag Proud](https://feedsoft.ai/events/66136-mixed-macroeconomic-signals-shake-cattle-markets-ag-proud.md) | -2.8% | +2.5% |
| FCATTLE | 2020-04-30 | [Estimating COVID-19 effects on the cattle markets - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/53773-estimating-covid-19-effects-on-the-cattle-markets-progressive-cattle-ag-proud.md) | +3.8% | +13.3% |
| FCATTLE | 2020-02-26 | [Cattle futures drop on broader market pressure - Brownfield Ag News](https://feedsoft.ai/events/12063-cattle-futures-drop-on-broader-market-pressure-brownfield-ag-news.md) | +0.4% | -2.1% |

## Sources

- agproud.com: https://www.agproud.com/articles/49554-a-new-year-for-cattle-markets

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