# Higher Cattle Prices Good, But Wide Profit Margins Are Better - Morning Ag Clips

> Feeder and fed cattle prices rose through early 2023 and reached record nominal levels, supported by reduced supplies and stable beef demand. The author notes that inflation-adjusted prices remain below the 2013-2015 peak. Rising interest rates and labor costs are squeezing producer margins.

- Date: 2023-04-30 · published 2023-04-30T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/6725-higher-cattle-prices-good-but-wide-profit-margins-are-better-morning-ag-clips
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Reduced cattle supplies keep prices supported, but higher borrowing costs and inflation erode feeding and packing margins, which can limit demand for feed and slow placements.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2022-01-24 | [Optimism, higher cattle prices to start 2022](https://feedsoft.ai/events/43088-optimism-higher-cattle-prices-to-start-2022.md) | +0.6% | +3.3% |
| LCATTLE | 2022-12-01 | [Cattle Economics: Cattle Prices and Rockets \| UT Beef & Forage Center](https://feedsoft.ai/events/38361-cattle-economics-cattle-prices-and-rockets-ut-beef-and-forage-center.md) | -0.3% | +1.5% |
| LCATTLE | 2025-02-28 | [Cattle prices expected to remain high in 2025 and 2026 - High Plains Journal](https://feedsoft.ai/events/26182-cattle-prices-expected-to-remain-high-in-2025-and-2026-high-plains-journal.md) | -1.3% | +5.8% |
| LCATTLE | 2025-09-27 | [A lot at steak: US beef and cattle prices soar to record highs \| Beef \| The Guardian](https://feedsoft.ai/events/23000-a-lot-at-steak-us-beef-and-cattle-prices-soar-to-record-highs-beef-the-guardian.md) | -1.2% | +0.9% |
| LCATTLE | 2023-05-31 | [The Cattle and Beef Margin Squeeze: Peel](https://feedsoft.ai/events/5226-the-cattle-and-beef-margin-squeeze-peel.md) | +4.1% | +4.4% |
| FCATTLE | 2022-01-24 | [Optimism, higher cattle prices to start 2022](https://feedsoft.ai/events/43088-optimism-higher-cattle-prices-to-start-2022.md) | -0.4% | +3.2% |
| FCATTLE | 2022-12-01 | [Cattle Economics: Cattle Prices and Rockets \| UT Beef & Forage Center](https://feedsoft.ai/events/38361-cattle-economics-cattle-prices-and-rockets-ut-beef-and-forage-center.md) | +0.2% | +1.8% |
| FCATTLE | 2025-02-28 | [Cattle prices expected to remain high in 2025 and 2026 - High Plains Journal](https://feedsoft.ai/events/26182-cattle-prices-expected-to-remain-high-in-2025-and-2026-high-plains-journal.md) | -0.9% | +4.1% |

## Sources

- morningagclips.com: https://www.morningagclips.com/higher-cattle-prices-good-but-wide-profit-margins-are-better/

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