# Market Watch November 15, 2024

> Sysco's weekly market watch reports that the weekly beef harvest was slightly below last year while beef production rose, and that California expects to lose about 1.6 million birds to HPAI with a 600,000-bird Arizona farm also affected. Beef cutout weakness was seen in choice and select markets.

- Date: 2024-11-15 · published 2024-11-15T12:00:00.000Z
- Category: disease · region US · magnitude low
- Page: https://feedsoft.ai/events/27547-market-watch-november-15-2024
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Heavier bird losses from HPAI tighten egg and poultry supply, while softer beef demand and higher beef output weigh on cattle values.

## Read by commodity

- CHICKEN: bullish ▲
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2020-02-28 | [Cattle Current Weekly Highlights—Week ending Feb. 28, 2020 – Cattle Current Market Update](https://feedsoft.ai/events/12518-cattle-current-weekly-highlights-week-ending-feb-28-2020-cattle-current-market.md) | -3.8% | -7.3% |
| LCATTLE | 2020-05-09 | [Cattle Market Expectations for Fall Under COVID-19 - Northern Ag Network](https://feedsoft.ai/events/53273-cattle-market-expectations-for-fall-under-covid-19-northern-ag-network.md) | +4.3% | +7.9% |
| LCATTLE | 2020-04-07 | [Downturn hits livestock markets \| News \| wyomingnews.com](https://feedsoft.ai/events/7268-downturn-hits-livestock-markets-news-wyomingnews-com.md) | +2.8% | -4.3% |
| LCATTLE | 2020-03-25 | [Kentucky Beef Cattle Market Update \| Farms.com](https://feedsoft.ai/events/7963-kentucky-beef-cattle-market-update-farms-com.md) | +2.1% | -11.7% |
| LCATTLE | 2020-03-02 | [Markets fall apart on virus fear \| Western Livestock Journal](https://feedsoft.ai/events/5308-markets-fall-apart-on-virus-fear-western-livestock-journal.md) | -5.1% | -9.3% |

## Sources

- foodie.sysco.com: https://foodie.sysco.com/market-watch-november-15-2024/

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