# Feeder Cattle Prices Supported by Tight Supplies and Excellent Demand

> DTN analyst ShayLe Stewart says feeder cattle prices are being supported by tight supplies and strong beef demand. Recent rains in parts of the West are easing drought, while the South remains dry, and early summer feeder calf sales are weeks away.

- Date: 2023-05-29 · published 2023-05-29T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/5225-feeder-cattle-prices-supported-by-tight-supplies-and-excellent-demand
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Tight feeder supplies and strong demand point to firm feeder cattle prices, while the timing of drought relief will affect the summer calf market and feed demand.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| FCATTLE | 2023-05-31 | 5 | +15.6% | 7.7 | Tight feeder supplies and strong beef demand supported feeder prices, with rains easing drought and lowering feed and pasture risk. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2021-11-10 | [The Cycle of Drought, Cowherd Liquidation and Higher Feeder Cattle Prices](https://feedsoft.ai/events/44208-the-cycle-of-drought-cowherd-liquidation-and-higher-feeder-cattle-prices.md) | -1.4% | +3.5% |
| FCATTLE | 2025-10-30 | [The source of high cattle and beef prices](https://feedsoft.ai/events/22522-the-source-of-high-cattle-and-beef-prices.md) | -6.4% | -9.4% |
| FCATTLE | 2026-02-05 | [CattleFax Outlook Signals Cattle Cycle Turning as Strong Demand Meets Tight Supplies in 2026](https://feedsoft.ai/events/20722-cattlefax-outlook-signals-cattle-cycle-turning-as-strong-demand-meets-tight.md) | -0.7% | -2.0% |
| FCATTLE | 2020-02-14 | [Feeder cattle prices explode, as the restocker/lotfeeder challenge builds - Beef Central](https://feedsoft.ai/events/54724-feeder-cattle-prices-explode-as-the-restocker-lotfeeder-challenge-builds-beef.md) | +2.8% | -17.1% |
| FCATTLE | 2026-10-26 | [Feeder cattle market: Gridlock as prices surge to “anyone’s guess” - Beef Central](https://feedsoft.ai/events/587-feeder-cattle-market-gridlock-as-prices-surge-to-anyone-s-guess-beef-central.md) | -3.5% | — |
| LCATTLE | 2021-11-10 | [The Cycle of Drought, Cowherd Liquidation and Higher Feeder Cattle Prices](https://feedsoft.ai/events/44208-the-cycle-of-drought-cowherd-liquidation-and-higher-feeder-cattle-prices.md) | +0.7% | +6.3% |
| LCATTLE | 2025-10-30 | [The source of high cattle and beef prices](https://feedsoft.ai/events/22522-the-source-of-high-cattle-and-beef-prices.md) | -3.8% | -8.7% |
| LCATTLE | 2026-02-05 | [CattleFax Outlook Signals Cattle Cycle Turning as Strong Demand Meets Tight Supplies in 2026](https://feedsoft.ai/events/20722-cattlefax-outlook-signals-cattle-cycle-turning-as-strong-demand-meets-tight.md) | +0.8% | +0.2% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/livestock/article/2023/05/24/feeder-cattle-prices-supported-tight

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