# Cattle markets: Hope for the new year

> Cattle prices held up in 2018 despite record or near-record beef production, with retail sales and exports holding relatively well. CME feeder futures for January through April rose about $2.40 to $2.88 per hundredweight after the December Cattle on Feed report. Beef cow prices were weak due to dairy-sector losses and possibly high cattle numbers.

- Date: 2019-01-02 · published 2019-01-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7356-cattle-markets-hope-for-the-new-year
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Large domestic meat supply weighs on prices, but rising feeder futures point to firmer feeder cattle values. The overall outlook is mildly bullish for feeders and neutral for live cattle.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: neutral

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/cattle-markets-hope-for-the-new-year

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