# Beef Trade Reacts as Expected

> US beef exports are down 14.9% year to date through October, while beef imports are up 7.9%. Declining cattle numbers have lifted wholesale and retail beef prices, and a strong dollar is weighing on exports.

- Date: 2023-12-01 · published 2023-12-01T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/32621-beef-trade-reacts-as-expected
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Reduced US beef exports keep more product domestically, supporting cattle prices, while rising imports partly offset supply tightness and add competition for domestic beef.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2026-10-27 | [US-Mexico Cattle Trade and Beef Markets](https://feedsoft.ai/events/580-us-mexico-cattle-trade-and-beef-markets.md) | -3.0% | — |
| LCATTLE | 2026-01-23 | [Australian beef exporters adapt as China caps imports, shifts global trade flows](https://feedsoft.ai/events/21185-australian-beef-exporters-adapt-as-china-caps-imports-shifts-global-trade-flows.md) | +1.1% | +6.1% |
| LCATTLE | 2024-10-17 | [Australia cashes in on beef exports as US cattle herd shrinks \| Reuters](https://feedsoft.ai/events/27809-australia-cashes-in-on-beef-exports-as-us-cattle-herd-shrinks-reuters.md) | +0.3% | -1.0% |
| LCATTLE | 2024-08-27 | [U.S. Beef Imports: A Quick Look at Recent Trends](https://feedsoft.ai/events/28719-u-s-beef-imports-a-quick-look-at-recent-trends.md) | +0.1% | -0.5% |
| LCATTLE | 2023-11-10 | [US reduces beef exports as cattle herd shrinks, squeezing Tyson Foods \| Reuters](https://feedsoft.ai/events/33104-us-reduces-beef-exports-as-cattle-herd-shrinks-squeezing-tyson-foods-reuters.md) | -1.2% | -5.4% |
| FCATTLE | 2026-10-27 | [US-Mexico Cattle Trade and Beef Markets](https://feedsoft.ai/events/580-us-mexico-cattle-trade-and-beef-markets.md) | -4.1% | — |
| FCATTLE | 2026-01-23 | [Australian beef exporters adapt as China caps imports, shifts global trade flows](https://feedsoft.ai/events/21185-australian-beef-exporters-adapt-as-china-caps-imports-shifts-global-trade-flows.md) | +1.5% | +1.2% |
| FCATTLE | 2024-08-27 | [U.S. Beef Imports: A Quick Look at Recent Trends](https://feedsoft.ai/events/28719-u-s-beef-imports-a-quick-look-at-recent-trends.md) | -1.3% | +0.2% |

## Sources

- angus.org: https://www.angus.org/angus-media/angus-beef-bulletin/abb-extra/2023/12/mk_beef-trade-reacts-as-expected

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