# U.S. beef prices are rising and slaughter remains at record highs

> US beef prices are rising while slaughter remains at record highs, according to an MLA report citing USDA data. The US cattle herd fell 3% to 89.3 million head in January, and drought recovery in the southern and southwestern US is expected to limit supply further.

- Date: 2023-03-03 · published 2023-03-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/36797-u-s-beef-prices-are-rising-and-slaughter-remains-at-record-highs
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A declining herd and expected lower slaughter point to tighter cattle supplies, supporting cattle prices and reducing feedlot throughput.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- tridge.com: https://www.tridge.com/news/us-beef-prices-are-rising-and-slaughter-remains-at

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