# Cow-Calf Corner | April 3, 2023 | Oklahoma State University

> Oklahoma cattle prices have risen sharply since late 2022, with feeder calves up 12 to 20 percent and slaughter cow prices up nearly 39 percent. Bred cow values are running lower than normal because lingering drought is holding back the market. Analysts expect values to rise sharply by fall if drought conditions improve.

- Date: 2023-04-03 · published 2023-04-03T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/10377-cow-calf-corner-april-3-2023-oklahoma-state-university
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Drought is restricting cow herd rebuilding and feeder supply, which keeps cattle prices firm and suggests further gains in bred cow and feeder values if rains return.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2023-05-15 | [Cow-Calf Corner \| May 15, 2023 \| Oklahoma State University](https://feedsoft.ai/events/35880-cow-calf-corner-may-15-2023-oklahoma-state-university.md) | +0.5% | +6.5% |
| LCATTLE | 2022-07-25 | [Cow-Calf Corner \| July 25, 2022 \| Oklahoma State University](https://feedsoft.ai/events/40438-cow-calf-corner-july-25-2022-oklahoma-state-university.md) | -0.7% | +2.3% |
| LCATTLE | 2024-03-24 | [Cow-Calf Corner \| March 24, 2024 \| Oklahoma State University](https://feedsoft.ai/events/31162-cow-calf-corner-march-24-2024-oklahoma-state-university.md) | -1.8% | -2.3% |
| LCATTLE | 2025-01-02 | [Corn, Soybeans and Cattle Extend Gains to Start 2025 - AgWeb](https://feedsoft.ai/events/11605-corn-soybeans-and-cattle-extend-gains-to-start-2025-agweb.md) | +1.0% | +7.1% |
| LCATTLE | 2022-11-15 | [2023 Cattle futures strong, can producers hang on?](https://feedsoft.ai/events/7180-2023-cattle-futures-strong-can-producers-hang-on.md) | +0.7% | +2.1% |
| FCATTLE | 2023-05-15 | [Cow-Calf Corner \| May 15, 2023 \| Oklahoma State University](https://feedsoft.ai/events/35880-cow-calf-corner-may-15-2023-oklahoma-state-university.md) | +0.4% | +16.3% |
| FCATTLE | 2022-07-25 | [Cow-Calf Corner \| July 25, 2022 \| Oklahoma State University](https://feedsoft.ai/events/40438-cow-calf-corner-july-25-2022-oklahoma-state-university.md) | -1.6% | -0.0% |
| FCATTLE | 2024-03-24 | [Cow-Calf Corner \| March 24, 2024 \| Oklahoma State University](https://feedsoft.ai/events/31162-cow-calf-corner-march-24-2024-oklahoma-state-university.md) | -3.8% | -2.8% |

## Sources

- extension.okstate.edu: https://extension.okstate.edu/programs/beef-extension/cow-calf-corner-the-newsletter-archives/2023/april-3-2023.html

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