# Kentucky Beef Cattle Market Update | Farms.com

> Kentucky beef cattle prices dropped about $10 per cwt from the third week of February to the second week of March 2020, after holding firm earlier in the year. Kenny Burdine notes markets are struggling to price the impact of COVID-19, which he says has no clear precedent. He says the sharp decline is larger than normal seasonal weakness.

- Date: 2020-03-25 · published 2020-03-25T12:00:00.000Z
- Category: disease · region US · magnitude medium
- Page: https://feedsoft.ai/events/7963-kentucky-beef-cattle-market-update-farms-com
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Falling feeder cattle prices reduce producer incentive to retain and place cattle, which can weigh on feedlot demand for feed and feed ingredients in the near term.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2020-02-28 | [Cattle Current Weekly Highlights—Week ending Feb. 28, 2020 – Cattle Current Market Update](https://feedsoft.ai/events/12518-cattle-current-weekly-highlights-week-ending-feb-28-2020-cattle-current-market.md) | +0.8% | -1.3% |
| FCATTLE | 2019-09-05 | [Kay’s Cuts: Abattoir fire strikes at heart of US cattle market - Beef Central](https://feedsoft.ai/events/6591-kay-s-cuts-abattoir-fire-strikes-at-heart-of-us-cattle-market-beef-central.md) | +0.4% | +4.8% |
| FCATTLE | 2020-05-05 | [Lots of Cattle, but No Beef](https://feedsoft.ai/events/53259-lots-of-cattle-but-no-beef.md) | +3.8% | +12.1% |
| FCATTLE | 2020-04-02 | [Why beef prices are up and cattle prices are down](https://feedsoft.ai/events/6286-why-beef-prices-are-up-and-cattle-prices-are-down.md) | +2.1% | +1.5% |
| FCATTLE | 2020-03-06 | [Analyst: Cattle markets roiled by the coronavirus](https://feedsoft.ai/events/5172-analyst-cattle-markets-roiled-by-the-coronavirus.md) | -11.1% | -17.2% |
| LCATTLE | 2020-02-28 | [Cattle Current Weekly Highlights—Week ending Feb. 28, 2020 – Cattle Current Market Update](https://feedsoft.ai/events/12518-cattle-current-weekly-highlights-week-ending-feb-28-2020-cattle-current-market.md) | -3.8% | -7.3% |
| LCATTLE | 2019-09-05 | [Kay’s Cuts: Abattoir fire strikes at heart of US cattle market - Beef Central](https://feedsoft.ai/events/6591-kay-s-cuts-abattoir-fire-strikes-at-heart-of-us-cattle-market-beef-central.md) | -2.1% | +3.2% |
| LCATTLE | 2020-05-05 | [Lots of Cattle, but No Beef](https://feedsoft.ai/events/53259-lots-of-cattle-but-no-beef.md) | +5.6% | +14.5% |

## Sources

- m.farms.com: https://m.farms.com/news/kentucky-beef-cattle-market-update-154824.aspx

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