# Higher fed cattle marketings to lift 2023 production | Ag Proud

> USDA Economic Research Service economists report that feedlots have kept large numbers of cattle on feed as drought-reduced forage pushes calves into lots faster than normal. Packers have processed cattle at a pace above the past two years, with the largest fed slaughter of the year in the week ending August 27. Beef production for fourth-quarter 2022 was raised by 40 million pounds.

- Date: 2022-09-23 · published 2022-09-23T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/39727-higher-fed-cattle-marketings-to-lift-2023-production-ag-proud
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Faster marketings and higher slaughter pull supply forward, and the outlook for larger 2023 beef output points to softer cattle prices ahead. Feeder demand may tighten as drought drives early placements.

## Read by commodity

- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2022-04-25 | [Beef production continues to be down in 2022 - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/41788-beef-production-continues-to-be-down-in-2022-progressive-cattle-ag-proud.md) | +0.5% | -3.4% |
| LCATTLE | 2021-11-24 | [Higher cow slaughter and carcass weights raise 2021 beef production forecast - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/44002-higher-cow-slaughter-and-carcass-weights-raise-2021-beef-production-forecast.md) | +2.1% | +1.7% |
| LCATTLE | 2021-12-24 | [Beef production up on expected heavier dressed weights and higher fed cattle slaughter - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/43547-beef-production-up-on-expected-heavier-dressed-weights-and-higher-fed-cattle.md) | +0.1% | +0.1% |
| LCATTLE | 2017-02-25 | [2016 beef production bolstered by increased slaughter, higher dressed weights - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/72625-2016-beef-production-bolstered-by-increased-slaughter-higher-dressed-weights.md) | -1.3% | +3.0% |
| LCATTLE | 2024-03-27 | [Fed cattle supplies remain larger than a year ago \| Ag Proud](https://feedsoft.ai/events/31322-fed-cattle-supplies-remain-larger-than-a-year-ago-ag-proud.md) | -0.9% | -2.1% |

## Sources

- agproud.com: https://www.agproud.com/articles/56090-higher-fed-cattle-marketings-to-lift-2023-production

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