# Another Difficult Year for Beef Cattle Producers

> Southern Plains slaughter steer prices averaged about $120 per cwt in 2016, nearly 20% below 2015, after peaking in 2014. Most cattle feeding programs were unprofitable again in 2016, with losses exceeding $100 per head on average.

- Date: 2016-12-12 · published 2016-12-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73410-another-difficult-year-for-beef-cattle-producers
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Losses and low cattle prices are leading to reduced feedlot placements and pressure on cattle feeders, which lowers demand for feed grains over time. Cattle supply is expected to rebuild, keeping prices under pressure.

## Read by commodity

- CORN: bearish ▼
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- ag.purdue.edu: https://ag.purdue.edu/commercialag/home/paer-article/another-difficult-year-for-beef-cattle-producers/

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