# High Prices, Low Volatility | Ohio BEEF Cattle Letter

> An extension risk specialist notes live cattle and feeder cattle futures are at or near contract highs, with the April 2024 live cattle contract above $172. Tight fed cattle supplies and high feed costs are cited, and volatility is lower than usual at high price levels.

- Date: 2023-03-08 · published 2023-03-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/36998-high-prices-low-volatility-ohio-beef-cattle-letter
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Tight cattle supplies and consistent beef demand support high futures prices, while feed costs limit producer willingness to rebuild herds. The outlook points to firm cattle prices until feed becomes more plentiful.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- u.osu.edu: https://u.osu.edu/beef/2023/03/08/high-prices-low-volatility/

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