# Petry: Cattle prices ‘best since 2015’

> Feeder market prices are strong, with the best cattle prices since 2015 according to NDSU economist Tim Petry. Feeder cattle averaged about $125 per hundredweight in 2021 and fundamentals are improving on solid export and domestic demand.

- Date: 2022-04-13 · published 2022-04-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/41988-petry-cattle-prices-best-since-2015
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Strong feeder prices reflect tight supplies and firm demand, which raises the cost of feeder inputs for buyers and supports the outlook for higher cattle values through 2025.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- agupdate.com: https://agupdate.com/farmandranchguide/news/livestock/petry-cattle-prices-best-since-2015/article_6299a30a-b3a5-11ec-b1c8-ef656d7dacdb.html

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