# Summer Grilling Season Ends, But Not The High Price Of Beef

> Beef prices remain high after a multi-year drought in US cattle regions reduced herd size. Higher operating costs for fuel, equipment and labor, along with expensive feedlot inputs including grain, have raised the cost of raising and fattening cattle.

- Date: 2023-09-24 · published 2023-09-24T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/34244-summer-grilling-season-ends-but-not-the-high-price-of-beef
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Reduced cattle numbers and higher feeding costs keep fed cattle and feeder prices elevated, and corn and feed-grain costs feed into the expense of finishing animals.

## Read by commodity

- CORN: bullish ▲
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2025-10-30 | [The source of high cattle and beef prices](https://feedsoft.ai/events/22522-the-source-of-high-cattle-and-beef-prices.md) | -3.8% | -8.7% |
| LCATTLE | 2023-06-07 | [Get ready for higher beef prices this summer. Here’s why. - MarketWatch](https://feedsoft.ai/events/10087-get-ready-for-higher-beef-prices-this-summer-here-s-why-marketwatch.md) | +1.7% | -1.6% |
| LCATTLE | 2021-08-13 | [How this summer's drought could have you paying high beef prices again next year \| CBC News](https://feedsoft.ai/events/45514-how-this-summer-s-drought-could-have-you-paying-high-beef-prices-again-next.md) | -0.1% | +1.0% |
| LCATTLE | 2022-07-27 | [Shrinking cattle herd could equal high calf, beef prices](https://feedsoft.ai/events/40435-shrinking-cattle-herd-could-equal-high-calf-beef-prices.md) | -0.6% | +3.8% |
| LCATTLE | 2024-11-11 | [Why beef prices have been rising this fall](https://feedsoft.ai/events/27540-why-beef-prices-have-been-rising-this-fall.md) | -1.1% | +1.4% |
| FCATTLE | 2025-10-30 | [The source of high cattle and beef prices](https://feedsoft.ai/events/22522-the-source-of-high-cattle-and-beef-prices.md) | -6.4% | -9.4% |
| FCATTLE | 2023-06-07 | [Get ready for higher beef prices this summer. Here’s why. - MarketWatch](https://feedsoft.ai/events/10087-get-ready-for-higher-beef-prices-this-summer-here-s-why-marketwatch.md) | -1.2% | -0.4% |
| FCATTLE | 2021-08-13 | [How this summer's drought could have you paying high beef prices again next year \| CBC News](https://feedsoft.ai/events/45514-how-this-summer-s-drought-could-have-you-paying-high-beef-prices-again-next.md) | -0.3% | -2.8% |

## Sources

- forbes.com: https://www.forbes.com/sites/salgilbertie/2023/09/23/summer-grilling-season-ends-but-not-the-high-price-of-beef/

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