# Cow-Calf Corner | May 15, 2023 | Oklahoma State University

> Oklahoma State extension reports that persistent drought continues to strain pasture and range in the Great Plains, with poor-to-very-poor pasture ratings at 64% in Kansas and 68% in Nebraska in early May. US hay stocks on May 1 were down 13.4% year over year and 26.4% below the ten-year average.

- Date: 2023-05-15 · published 2023-05-15T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/35880-cow-calf-corner-may-15-2023-oklahoma-state-university
- 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

Poor forage and short hay supplies force earlier cattle marketing and raise hay and feed costs, supporting cattle prices and boosting demand for grain-based feed.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2023-04-03 | [Cow-Calf Corner \| April 3, 2023 \| Oklahoma State University](https://feedsoft.ai/events/10377-cow-calf-corner-april-3-2023-oklahoma-state-university.md) | +3.5% | +2.7% |
| 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 | 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% |
| 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% |
| 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% |
| FCATTLE | 2023-04-03 | [Cow-Calf Corner \| April 3, 2023 \| Oklahoma State University](https://feedsoft.ai/events/10377-cow-calf-corner-april-3-2023-oklahoma-state-university.md) | +0.0% | +4.4% |
| 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% |

## Sources

- extension.okstate.edu: https://extension.okstate.edu/programs/beef-extension/cow-calf-corner-the-newsletter-archives/2023/may-15-2023

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