# Poultry, Dairy, and Livestock Market Updates | AgAmerica

> AgAmerica's market update notes that the US beef herd is at its lowest since 1951 while record carcass weights are adding beef supply. It says live cattle futures dropped $12 after bird flu was found in dairy herds, then recovered as prices rose. Production is expected to pick up in the second half of the year.

- Date: 2024-05-08 · published 2024-05-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30388-poultry-dairy-and-livestock-market-updates-agamerica
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A historically small herd keeps cattle prices firm, which raises feeder and finishing costs for feed buyers; bird flu concerns are a short-term risk to sentiment.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- agamerica.com: https://agamerica.com/blog/poultry-dairy-and-livestock-market-updates/

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