# Lower Cash Fed Cattle Prices on Large Cattle Slaughter | Ohio BEEF Cattle Letter

> Cash fed cattle prices dropped sharply to about $110 per cwt as August steer and heifer slaughter ran about 15.9 percent above the prior year. Heifer slaughter rose about 22 percent and cow slaughter about 19 percent, suggesting faster marketings and possible herd expansion. The live-to-cutout spread also widened, implying larger packer margins.

- Date: 2016-09-07 · published 2016-09-07T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/9461-lower-cash-fed-cattle-prices-on-large-cattle-slaughter-ohio-beef-cattle-letter
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Heavier slaughter supplies reduce the cash price packers pay for live cattle, which flows through to feeder and live cattle futures. Larger cow and heifer slaughter also points to a longer-term shift in herd size that could affect future supply.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2020-10-28 | [Cattle on Feed Grows Again \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/50777-cattle-on-feed-grows-again-ohio-beef-cattle-letter.md) | +1.0% | +5.2% |
| LCATTLE | 2017-01-11 | [A New Year for Cattle Markets \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/72946-a-new-year-for-cattle-markets-ohio-beef-cattle-letter.md) | +0.5% | -0.3% |
| LCATTLE | 2018-06-27 | [Beef Supply and Demand Challenges Continue \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/64472-beef-supply-and-demand-challenges-continue-ohio-beef-cattle-letter.md) | -0.6% | +3.2% |
| LCATTLE | 2018-04-02 | [Fed Cattle Prices Lower, Packer Margins Improve – Lakeview Grains, LLC](https://feedsoft.ai/events/10075-fed-cattle-prices-lower-packer-margins-improve-lakeview-grains-llc.md) | -2.6% | +2.8% |
| LCATTLE | 2021-12-24 | [Beef production up on expected heavier dressed weights and higher fed cattle slaughter - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/43547-beef-production-up-on-expected-heavier-dressed-weights-and-higher-fed-cattle.md) | +0.1% | +0.1% |
| FCATTLE | 2020-10-28 | [Cattle on Feed Grows Again \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/50777-cattle-on-feed-grows-again-ohio-beef-cattle-letter.md) | +1.4% | +3.2% |
| FCATTLE | 2018-04-11 | [Crop Planting Report and Feeder Price Decline \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/65646-crop-planting-report-and-feeder-price-decline-ohio-beef-cattle-letter.md) | +2.9% | +2.2% |
| FCATTLE | 2017-01-11 | [A New Year for Cattle Markets \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/72946-a-new-year-for-cattle-markets-ohio-beef-cattle-letter.md) | -1.3% | -7.8% |

## Sources

- u.osu.edu: https://u.osu.edu/beef/2016/09/07/lower-cash-fed-cattle-prices-on-large-cattle-slaughter/

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