# High fed cattle prices but narrow margins—a few strategies | UNL Beef | Nebraska

> Fed cattle prices are at least $10/cwt above the November 2014 record of $172.06/cwt, yet feeding margins remain narrow. Higher labor costs and interest rates from Federal Reserve hikes since early 2022 are squeezing returns for cattle finished in October 2023.

- Date: 2023-11-01 · published 2023-11-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/33318-high-fed-cattle-prices-but-narrow-margins-a-few-strategies-unl-beef-nebraska
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Narrow feeding margins limit how many cattle feedlots will place, which tempers future feeder demand and the grain and feed purchases tied to it.

## Sources

- beef.unl.edu: https://beef.unl.edu/beefwatch/2023/high-fed-cattle-prices-narrow-margins%25E2%2580%2594-few-strategies/

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