# Setbacks in US beef exports to China dampen August live cattle futures

> August live cattle futures stalled and drifted lower after two negative headlines hit US beef exports to China. Ractopamine was detected in beef from a JBS Greeley plant, prompting Beijing to block its exports, and China lifted bans on five Australian beef plants.

- Date: 2024-06-08 · published 2024-06-08T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/29892-setbacks-in-us-beef-exports-to-china-dampen-august-live-cattle-futures
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Loss of China as a market for US beef reduces packer demand for fed cattle, which weighs on cattle prices.

## Read by commodity

- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2024-09-10 | [U.S. beef exports lower as cattle prices turn negative](https://feedsoft.ai/events/28245-u-s-beef-exports-lower-as-cattle-prices-turn-negative.md) | +0.3% | +4.5% |
| LCATTLE | 2022-09-13 | [August cattle export figures reflect Indonesian feedlot challenges - Beef Central](https://feedsoft.ai/events/39531-august-cattle-export-figures-reflect-indonesian-feedlot-challenges-beef-central.md) | +0.2% | +0.9% |
| LCATTLE | 2019-06-03 | [Trade fights continue to batter U.S. live cattle, lean hog futures](https://feedsoft.ai/events/11384-trade-fights-continue-to-batter-u-s-live-cattle-lean-hog-futures.md) | -0.7% | -1.4% |
| LCATTLE | 2025-11-21 | [U.S. livestock: Cattle futures dip as Brazilian beef tariffs lifted - Grainews](https://feedsoft.ai/events/5449-u-s-livestock-cattle-futures-dip-as-brazilian-beef-tariffs-lifted-grainews.md) | -1.5% | +4.3% |
| LCATTLE | 2026-07-27 | [U.S. to resume limited Mexican cattle imports as beef supplies tighten \| TPR](https://feedsoft.ai/events/18295-u-s-to-resume-limited-mexican-cattle-imports-as-beef-supplies-tighten-tpr.md) | -0.6% | -2.9% |

## Sources

- beefmagazine.com: https://www.beefmagazine.com/market-news/august-live-cattle-futures-face-headwinds-from-china-s-beef-export-woes

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