# Weekly Livestock Comments for December 21, 2018 | Ohio BEEF Cattle Letter

> Fed cattle traded $1 higher on a live basis, mainly at $119, with dressed prices mainly $189 to $190. The five-area weighted average was $118.76 live, up $1.76 on the week. Choice and Select beef cutouts also rose modestly.

- Date: 2019-01-02 · published 2019-01-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7352-weekly-livestock-comments-for-december-21-2018-ohio-beef-cattle-letter
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Steady-to-higher cash fed cattle prices and rising deferred futures support feeder cattle values and suggest firmer prices into early 2019. Feedlots are likely to hedge at these levels.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- u.osu.edu: https://u.osu.edu/beef/2019/01/02/weekly-livestock-comments-for-december-21-2018/

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