# What is Next for the Cattle Markets? - ProAg

> ProAg reviews the US beef cow herd, which remains at historically low levels after drought-driven liquidation from 2021 to 2023. USDA projects 2024 beef cow slaughter near 2.9 million head, and the CME Feeder Cattle Index is noted near record levels.

- Date: 2024-09-19 · published 2024-09-19T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/28453-what-is-next-for-the-cattle-markets-proag
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

A continued cow herd contraction should tighten feeder supplies and support higher feeder cattle prices, though high interest rates and input costs may slow rebuilding.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2022-05-25 | [What's in Store for the 2022 Feeder Cattle Market?](https://feedsoft.ai/events/5071-what-s-in-store-for-the-2022-feeder-cattle-market.md) | +9.9% | +13.2% |
| FCATTLE | 2023-07-19 | [Comparing the current feeder cattle market to 2014 and 2015](https://feedsoft.ai/events/35184-comparing-the-current-feeder-cattle-market-to-2014-and-2015.md) | -1.9% | -0.9% |
| FCATTLE | 2023-05-31 | [The Cattle and Beef Margin Squeeze: Peel](https://feedsoft.ai/events/5226-the-cattle-and-beef-margin-squeeze-peel.md) | -0.0% | +1.3% |
| FCATTLE | 2026-08-31 | [Experts expect cattle market volatility to persist](https://feedsoft.ai/events/18025-experts-expect-cattle-market-volatility-to-persist.md) | +1.2% | +3.4% |
| FCATTLE | 2023-01-31 | [Will Volatility and Uncertainty Delay the Next Cattle Cycle? - Drovers](https://feedsoft.ai/events/37931-will-volatility-and-uncertainty-delay-the-next-cattle-cycle-drovers.md) | +2.1% | +3.2% |
| LCATTLE | 2022-05-25 | [What's in Store for the 2022 Feeder Cattle Market?](https://feedsoft.ai/events/5071-what-s-in-store-for-the-2022-feeder-cattle-market.md) | -1.3% | +3.1% |
| LCATTLE | 2023-07-19 | [Comparing the current feeder cattle market to 2014 and 2015](https://feedsoft.ai/events/35184-comparing-the-current-feeder-cattle-market-to-2014-and-2015.md) | -0.3% | -0.2% |
| 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% |

## Sources

- proag.com: https://www.proag.com/news/what-is-next-for-the-cattle-markets/

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