# High Plains Ag Week - 9/22/23 - Beef Cattle Market Update - Ag Economics on the Plains

> Texas A&M AgriLife reviews the beef cattle market, noting southern plains cattle prices have risen steadily on strong retail beef demand and reduced 2023 production. Record May-July beef expenditures are cited, with August slightly lower.

- Date: 2023-09-22 · published 2023-09-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/34036-high-plains-ag-week-9-22-23-beef-cattle-market-update-ag-economics-on-the-plains
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Tight cattle supplies and strong beef demand support fed cattle prices, while feed cost and demand sensitivity are key risks for the rest of the year.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- agrilife.org: https://agrilife.org/agecon/high-plains-ag-week-9-22-23-beef-cattle-market-update/

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