# Weighing market advantages | Western Livestock Journal

> An analysis piece argues the feeder cattle market is in a cattle cycle similar to 2014, with prices hitting record highs after drought reduced beef cow numbers. The US beef cow herd on January 1 was 11% below the 2019 cycle peak.

- Date: 2024-05-10 · published 2024-05-10T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/30401-weighing-market-advantages-western-livestock-journal
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Shrinking feeder supplies keep feedlot demand for feed strong, supporting cattle prices and feed grain demand over the coming period.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2021-11-24 | [November cattle market update, Cattle on Feed report \| Western Livestock Journal](https://feedsoft.ai/events/12781-november-cattle-market-update-cattle-on-feed-report-western-livestock-journal.md) | +0.9% | -1.6% |
| FCATTLE | 2017-11-01 | [Futures surge following report shock \| Western Livestock Journal](https://feedsoft.ai/events/5328-futures-surge-following-report-shock-western-livestock-journal.md) | +0.3% | -2.4% |
| FCATTLE | 2023-01-27 | [Livestock market outlook overview \| TSLN.com](https://feedsoft.ai/events/37924-livestock-market-outlook-overview-tsln-com.md) | +3.5% | +5.3% |
| FCATTLE | 2025-05-23 | [Import restrictions will weigh on cattle markets - High Plains Journal](https://feedsoft.ai/events/24820-import-restrictions-will-weigh-on-cattle-markets-high-plains-journal.md) | +1.2% | +2.5% |
| FCATTLE | 2025-03-25 | [Livestock Outlook: March 2025 - Beef Web](https://feedsoft.ai/events/25521-livestock-outlook-march-2025-beef-web.md) | -0.1% | +0.1% |
| LCATTLE | 2021-05-21 | [Market Wrap-Up: May 21, 2021 \| Western Livestock Journal](https://feedsoft.ai/events/10276-market-wrap-up-may-21-2021-western-livestock-journal.md) | -0.1% | +1.6% |
| LCATTLE | 2021-11-24 | [November cattle market update, Cattle on Feed report \| Western Livestock Journal](https://feedsoft.ai/events/12781-november-cattle-market-update-cattle-on-feed-report-western-livestock-journal.md) | +2.1% | +1.7% |
| LCATTLE | 2017-11-01 | [Futures surge following report shock \| Western Livestock Journal](https://feedsoft.ai/events/5328-futures-surge-following-report-shock-western-livestock-journal.md) | +4.5% | +0.8% |

## Sources

- wlj.net: https://www.wlj.net/weighing-market-advantages/

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