# Cow-Calf Corner | May 6, 2024 | Oklahoma State University

> Latest trade data shows US beef exports fell 8.2% year over year in March and 5.9% in the first quarter of 2024, following a 14.3% drop in 2023. Mexico was the only major market growing, up 11.7% in the first quarter, while Japan, South Korea and China/Hong Kong all declined. Beef imports in March rose 10.6%.

- Date: 2024-05-15 · published 2024-05-15T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/30192-cow-calf-corner-may-6-2024-oklahoma-state-university
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Weaker US beef exports and rising imports soften domestic beef demand, which weighs on cattle prices. Mexico's growth offers some support for beef export demand.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2023-06-20 | [Cow-Calf Corner \| June 19, 2023 \| Oklahoma State University](https://feedsoft.ai/events/35438-cow-calf-corner-june-19-2023-oklahoma-state-university.md) | -0.8% | +0.6% |
| LCATTLE | 2018-06-27 | [Supply and demand challenges continue for beef industry \| Oklahoma State University](https://feedsoft.ai/events/64470-supply-and-demand-challenges-continue-for-beef-industry-oklahoma-state.md) | -0.6% | +3.2% |
| LCATTLE | 2024-07-17 | [An Update on 2024 U.S. Beef Trade \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/29215-an-update-on-2024-u-s-beef-trade-ohio-beef-cattle-letter.md) | +0.8% | -0.4% |
| LCATTLE | 2019-07-08 | [Cow-Calf Corner: Global dynamics affecting US meat trade; Heat and cattle - Texas & Southwestern Cattle Raisers Association](https://feedsoft.ai/events/58027-cow-calf-corner-global-dynamics-affecting-us-meat-trade-heat-and-cattle-texas.md) | +1.2% | +1.9% |
| LCATTLE | 2024-09-03 | [Feeder Heifer Imports from Mexico and U.S. Herd Rebuilding - Oklahoma Farm Report](https://feedsoft.ai/events/28246-feeder-heifer-imports-from-mexico-and-u-s-herd-rebuilding-oklahoma-farm-report.md) | -3.1% | +0.1% |
| FCATTLE | 2024-06-20 | [Cow-Calf Corner \| June 17, 2024 \| Oklahoma State University](https://feedsoft.ai/events/29681-cow-calf-corner-june-17-2024-oklahoma-state-university.md) | +0.7% | -1.4% |
| FCATTLE | 2018-06-27 | [Supply and demand challenges continue for beef industry \| Oklahoma State University](https://feedsoft.ai/events/64470-supply-and-demand-challenges-continue-for-beef-industry-oklahoma-state.md) | +4.6% | +4.6% |
| FCATTLE | 2019-07-08 | [Cow-Calf Corner: Global dynamics affecting US meat trade; Heat and cattle - Texas & Southwestern Cattle Raisers Association](https://feedsoft.ai/events/58027-cow-calf-corner-global-dynamics-affecting-us-meat-trade-heat-and-cattle-texas.md) | +2.0% | +0.6% |

## Sources

- extension.okstate.edu: https://extension.okstate.edu/programs/beef-extension/cow-calf-corner-the-newsletter-archives/2024/may-6-2024

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