# National Beef Wire | Cattle Letter: Strong Cattle Prices

> Mississippi State economist Josh Maples reports that feeder cattle prices in the Southeast are 40-50% above year-ago levels. He notes that CME feeder futures are priced higher through the fall before a seasonal dip in early 2024.

- Date: 2023-08-02 · published 2023-08-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/34733-national-beef-wire-cattle-letter-strong-cattle-prices
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Strong feeder prices and a seasonal futures curve shape cattle placement and feed purchasing decisions for the coming months.

## Read by commodity

- FCATTLE: bullish ▲

## Sources

- nationalbeefwire.com: https://www.nationalbeefwire.com/cattle-letter-strong-cattle-prices

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