# Fed Cattle Recap | Year ends on a high note for the market

> Fed cattle prices rose $3 to $4 per cwt in the week ending December 29, driven by year-end factors including steady beef demand and winter weather in the feeding belt. The five-area weighted average cash steer price reached $122.52 per cwt, up $3.71 on the week. Dressed steer prices averaged $194.25 per cwt.

- Date: 2019-01-01 · published 2019-01-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7353-fed-cattle-recap-year-ends-on-a-high-note-for-the-market
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Higher cash fed cattle prices lift the feeder market and tighten near-term supply for packers. The price direction is bullish for live and feeder cattle.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- beefmagazine.com: https://www.beefmagazine.com/cattle-market-outlook/fed-cattle-recap-year-ends-on-a-high-note-for-the-market

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