# Extension

> An Oklahoma State University Extension column dated May 29, 2023 says increasingly tight cattle supplies will squeeze margins for stocker, feedlot, packer and retail segments. It notes retail beef prices are roughly flat over 16 months while Choice boxed beef is up over 14 percent year over year and fed cattle prices are up 25 percent. The author expects the squeeze to vary in severity and timing across segments.

- Date: 2023-05-30 · published 2023-05-30T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/36049-extension
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Tight cattle supply and rising wholesale beef values support higher fed and feeder cattle prices, which raises costs for feedlots and buyers of cattle-based feed inputs. Expected margin pressure could eventually slow packer throughput and demand.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2021-12-22 | [Turning the Page on a Year of Transition \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/43743-turning-the-page-on-a-year-of-transition-ohio-beef-cattle-letter.md) | +0.8% | +0.9% |
| LCATTLE | 2024-06-03 | [U.S. livestock: Lean hog futures fall after Mexican election - AgCanada](https://feedsoft.ai/events/29919-u-s-livestock-lean-hog-futures-fall-after-mexican-election-agcanada.md) | -0.1% | +2.3% |
| LCATTLE | 2023-01-05 | [Global uncertainties affect beef production](https://feedsoft.ai/events/37727-global-uncertainties-affect-beef-production.md) | +0.1% | -0.5% |
| LCATTLE | 2026-08-31 | [Experts expect cattle market volatility to persist](https://feedsoft.ai/events/18025-experts-expect-cattle-market-volatility-to-persist.md) | -2.7% | -0.8% |
| LCATTLE | 2025-02-28 | [Cattle prices expected to remain high in 2025 and 2026 - High Plains Journal](https://feedsoft.ai/events/26182-cattle-prices-expected-to-remain-high-in-2025-and-2026-high-plains-journal.md) | -1.3% | +5.8% |
| FCATTLE | 2021-12-22 | [Turning the Page on a Year of Transition \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/43743-turning-the-page-on-a-year-of-transition-ohio-beef-cattle-letter.md) | +3.1% | +0.2% |
| FCATTLE | 2022-06-23 | [Hog, live cattle futures fall on recession fears - CME
						 \| The Beef Site](https://feedsoft.ai/events/41079-hog-live-cattle-futures-fall-on-recession-fears-cme-the-beef-site.md) | -1.4% | +3.0% |
| FCATTLE | 2026-08-31 | [Experts expect cattle market volatility to persist](https://feedsoft.ai/events/18025-experts-expect-cattle-market-volatility-to-persist.md) | +1.2% | +3.4% |

## Sources

- extension.okstate.edu: https://extension.okstate.edu/programs/beef-extension/cow-calf-corner-the-newsletter-archives/2023/may-29-2023.html

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