# Cattle Market Outlook and Price Risk Management Thoughts Heading into 2023 | Industry News | feedlotmagazine.com

> An Iowa State outlook notes that US beef cow numbers are falling, with January 2023 herd projected more than 4% below 2022 after drought-driven liquidation. Feedlot cattle on feed in November were the smallest for that month since 2018 in large feedlots.

- Date: 2022-12-16 · published 2022-12-16T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/38172-cattle-market-outlook-and-price-risk-management-thoughts-heading-into-2023
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Tighter fed cattle and feeder supplies support higher cattle prices into 2023, which in turn tends to reduce demand for feed and support feeder-related markets.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- feedlotmagazine.com: https://www.feedlotmagazine.com/news/industry_news/cattle-market-outlook-and-price-risk-management-thoughts-heading-into-2023/article_692853da-7ca7-11ed-b60f-07c0d494275f.html

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