# Cattle Markets in 2023 and Cattle on Feed Update | Ohio BEEF Cattle Letter

> A Mississippi State extension economist says cattle market optimism is the highest since 2014-2015 because about 12% more beef cows and 5% more heifers were slaughtered in 2022. The resulting smaller calf crop is expected to tighten supplies in 2023, though high input costs and beef demand are risks.

- Date: 2023-01-04 · published 2023-01-04T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/37918-cattle-markets-in-2023-and-cattle-on-feed-update-ohio-beef-cattle-letter
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A tighter cattle supply implies stronger fed and feeder cattle prices through 2023, while high grain costs remain a squeeze on feedlot margins.

## Read by commodity

- CORN: neutral
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2026-02-25 | [Cattle Market Pushes Higher and Cattle on Feed Update \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/20740-cattle-market-pushes-higher-and-cattle-on-feed-update-ohio-beef-cattle-letter.md) | -3.1% | -4.4% |
| LCATTLE | 2019-08-21 | [Kentucky Beef Cattle Market Update \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/57532-kentucky-beef-cattle-market-update-ohio-beef-cattle-letter.md) | +1.6% | -4.3% |
| LCATTLE | 2022-11-23 | [Cattle on Feed \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/38815-cattle-on-feed-ohio-beef-cattle-letter.md) | +0.8% | +1.7% |
| LCATTLE | 2023-04-12 | [Fed Cattle Supplies \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/36528-fed-cattle-supplies-ohio-beef-cattle-letter.md) | +3.3% | -2.2% |
| LCATTLE | 2019-10-30 | [Inventory Insights \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/56703-inventory-insights-ohio-beef-cattle-letter.md) | +4.0% | +5.8% |
| FCATTLE | 2026-02-25 | [Cattle Market Pushes Higher and Cattle on Feed Update \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/20740-cattle-market-pushes-higher-and-cattle-on-feed-update-ohio-beef-cattle-letter.md) | -2.2% | -1.3% |
| FCATTLE | 2019-08-21 | [Kentucky Beef Cattle Market Update \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/57532-kentucky-beef-cattle-market-update-ohio-beef-cattle-letter.md) | +1.7% | +2.6% |
| FCATTLE | 2022-11-23 | [Cattle on Feed \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/38815-cattle-on-feed-ohio-beef-cattle-letter.md) | -0.7% | +1.2% |

## Sources

- u.osu.edu: https://u.osu.edu/beef/2023/01/04/cattle-markets-in-2023-and-cattle-on-feed-update/

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