Indicators of beef’s economy recorded solid improvement again last month. Cattle prices moved higher while feed costs remained at relatively low levels. Cattle feeding margins are in the black, while stocker and feeder cattle continue to find good demand. Of beef’s eight economic indicators measured in Drovers analysis, six saw arrows pointing higher during March with two sideways. Production indicators earned a sideways arrow because lower cattle on feed numbers and declining beef production was offset by higher feedlot placements, lower feedlot marketings and high slaughter weights. Competitive meats also remain a concern as broiler production posted a large increase. Maintaining improvement over the next few months will be difficult as prices decline seasonally.