# Be Opportunistic as a Margin Operator | Ohio BEEF Cattle Letter

> A University of Kentucky extension economist says stocker operations look well positioned for 2023. Feed costs per pound of gain were above $1.45 in January, and November feeder futures trade about $30 over March, signaling expected price increases through the year.

- Date: 2023-03-15 · published 2023-03-15T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/36995-be-opportunistic-as-a-margin-operator-ohio-beef-cattle-letter
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

High feed costs raise the cost of gain, but a steep futures carry supports returns for growers who lock in margins. The commentary suggests feeder cattle prices are expected to rise, supporting demand for feed grains.

## Read by commodity

- CORN: bullish ▲
- FCATTLE: bullish ▲

## Sources

- u.osu.edu: https://u.osu.edu/beef/2023/03/15/be-opportunistic-as-a-margin-operator/

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