# Market adapting to higher beef prices | The National Provisioner

> DecisionNext's Michael Farrand says beef supply is set to decline through 2026, with fed cattle held longer on feed due to lower grain prices and heavier carcass weights. Large beef imports are offsetting tight domestic supply, supported by a strong US dollar and weak yen.

- Date: 2024-05-28 · published 2024-05-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30409-market-adapting-to-higher-beef-prices-the-national-provisioner
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Corn](https://feedsoft.ai/c/CORN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Tighter domestic beef supply and rising imports support beef and cattle values while pushing buyers toward chicken as a substitute. Lower grain prices are also keeping cattle on feed longer.

## Read by commodity

- DXY: bullish ▲
- CORN: bearish ▼
- CHICKEN: bullish ▲
- LCATTLE: bullish ▲

## Sources

- provisioneronline.com: https://www.provisioneronline.com/articles/116973-market-adapting-to-higher-beef-prices

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