# Canada, U.S. cattle inventories further decline - Canadian Cattlemen

> Canfax reports Canadian and US cattle inventories continued to decline, with Canada's herd at 11.1 million head on January 1, 2024, the smallest since 1989. Drought and a snow drought on the Prairies reduced cow numbers and feeder prices reached record highs.

- Date: 2024-05-03 · published 2024-05-03T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/30404-canada-u-s-cattle-inventories-further-decline-canadian-cattlemen
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Shrinking herds keep feeder and fed cattle supplies tight, supporting prices and sustained feedlot demand for feed grains.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2023-01-31 | [U.S. cattle inventory falls 3%](https://feedsoft.ai/events/37278-u-s-cattle-inventory-falls-3.md) | +2.1% | +3.2% |
| FCATTLE | 2026-01-30 | [U.S. Cattle Inventory at 75 Year Low \| Paradigm Futures](https://feedsoft.ai/events/21190-u-s-cattle-inventory-at-75-year-low-paradigm-futures.md) | -1.4% | -3.7% |
| FCATTLE | 2023-05-11 | [Fed, feeder cattle prices in record-high range - Canadian Cattlemen](https://feedsoft.ai/events/35881-fed-feeder-cattle-prices-in-record-high-range-canadian-cattlemen.md) | -0.4% | +16.2% |
| FCATTLE | 2023-01-31 | [LIVESTOCK-Live Cattle Down Slightly; Cattle Inventory Shows Steep Decline](https://feedsoft.ai/events/37927-livestock-live-cattle-down-slightly-cattle-inventory-shows-steep-decline.md) | +2.1% | +3.2% |
| FCATTLE | 2024-01-01 | [Jan. 1 Cattle Inventory Down 2%](https://feedsoft.ai/events/31617-jan-1-cattle-inventory-down-2.md) | +0.7% | +8.6% |
| LCATTLE | 2023-01-31 | [U.S. cattle inventory falls 3%](https://feedsoft.ai/events/37278-u-s-cattle-inventory-falls-3.md) | +1.6% | +4.7% |
| LCATTLE | 2026-01-30 | [U.S. Cattle Inventory at 75 Year Low \| Paradigm Futures](https://feedsoft.ai/events/21190-u-s-cattle-inventory-at-75-year-low-paradigm-futures.md) | +1.0% | +4.8% |
| LCATTLE | 2023-05-11 | [Fed, feeder cattle prices in record-high range - Canadian Cattlemen](https://feedsoft.ai/events/35881-fed-feeder-cattle-prices-in-record-high-range-canadian-cattlemen.md) | +0.6% | +7.2% |

## Sources

- canadiancattlemen.ca: https://www.canadiancattlemen.ca/livestock/beef-cattle/canada-u-s-cattle-inventories-further-decline/

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