# US beef prices rising as slaughter remains at record highs | Meat & Livestock Australia

> Meat & Livestock Australia reports U.S. beef prices rising while slaughter stays at historically high levels, with female slaughter at 53% year to date versus 51% in 2022. The U.S. herd shrank 3% to 89.3 million head in January and a herd rebuild is likely within 18 months.

- Date: 2023-02-23 · published 2023-02-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/37275-us-beef-prices-rising-as-slaughter-remains-at-record-highs-meat-and-livestock
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Expected cuts in U.S. beef supply support higher U.S. cattle prices and increase import demand, which lifts prices for Australian cattle and beef.

## Read by commodity

- LCATTLE: bullish ▲

## Sources

- mla.com.au: https://www.mla.com.au/news-and-events/industry-news/us-beef-prices-rising-as-slaughter-remains-at-record-highs/

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