# FEEDSTUFFS MEAT PRICE OUTLOOK: July 02, 2019

> The pork cutout fell further last week as packers and buyers had already stocked up ahead of summer demand, leaving fresh supplies to weigh on seasonal demand. Beef cutouts were mixed, with Choice slightly below $220 and Select near $195, and fed cattle traded mostly steady around $109-111/cwt.

- Date: 2019-07-02 · published 2019-07-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9498-feedstuffs-meat-price-outlook-july-02-2019
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Weak pork and beef cutout values reduce packer margins and pressure live hog and cattle prices, while the steady cash cattle trade limits downside.

## Read by commodity

- HOGS: bearish ▼
- LCATTLE: neutral

## Sources

- feedstuffs.com: https://www.feedstuffs.com/market-news/feedstuffs-meat-price-outlook-july-2-2019

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