# Beef and cattle prices are on the rise

> Texas A&M AgriLife economist David Anderson says fed cattle prices are rising on stronger-than-normal seasonal beef demand as the US economy emerges from the pandemic. Vaccination rates and restaurant recovery are cited as drivers of demand for higher-value cuts.

- Date: 2021-05-01 · published 2021-05-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/47735-beef-and-cattle-prices-are-on-the-rise
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Rising consumer beef demand supports fed cattle prices, which in turn supports feeder cattle values and the cattle complex more broadly.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- agrilifetoday.tamu.edu: https://agrilifetoday.tamu.edu/2021/04/13/beef-cattle-prices-on-the-rise/

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