# By Product Supports Cattle Futures Prices – 11/16/2021 – LACO Commodity Research

> A LACO Commodity Research note says beef by-product values, mainly hides, have risen more than $20/cwt over the past 18 months. The commentary argues this has lifted live cattle prices roughly $10/cwt above levels historical edible beef supply and demand would imply.

- Date: 2021-11-16 · published 2021-11-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9552-by-product-supports-cattle-futures-prices-11-16-2021-laco-commodity-research
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Stronger by-product values add to packer carcass returns and support live cattle prices, which affects cattle feeding economics and feed demand.

## Read by commodity

- LCATTLE: bullish ▲

## Sources

- lacocommodities.com: https://lacocommodities.com/by-product-supports-cattle-futures-prices-11-16-2021/

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