# Are Slaughter Speeds and Beef Prices Hinting That Beef Demand is Stronger Than Believed?

> DTN's analyst notes that 2024 year-to-date Choice cutout values average about $306.88, well above last year and the five-year average. Live and feeder cattle prices have weakened after a broad commodity selloff earlier in the month. The column argues that steady beef demand may justify the USDA's projected cattle prices.

- Date: 2024-09-03 · published 2024-09-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9963-are-slaughter-speeds-and-beef-prices-hinting-that-beef-demand-is-stronger-than
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Solid beef cutout values support cattle prices despite the recent weakness in futures and cash trade. If demand holds, the price outlook for cattle and feeder cattle is firmer than recent sell-offs suggest.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2024-09-03 | 1 | -1.8% | -3.5 | Published Sept 3, it notes live and feeder cattle prices weakened after a broad commodity selloff, which describes the sentiment behind the drop, though its message about firm beef demand is mildly supportive. |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/livestock/article/2024/09/03/slaughter-speeds-beef-prices-hinting

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