# US reduces beef exports as cattle herd shrinks, squeezing Tyson Foods | Reuters

> The US is importing record amounts of beef while exporting less, after ranchers reduced the cattle herd to its lowest level in decades. Higher domestic prices have pushed companies toward cheaper imported beef and discouraged buyers such as China, Japan and Egypt.

- Date: 2023-11-10 · published 2023-11-10T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/33104-us-reduces-beef-exports-as-cattle-herd-shrinks-squeezing-tyson-foods-reuters
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A shrinking herd keeps US beef supply tight and prices high, supporting cattle prices while pressuring meat packer margins. Reduced export demand adds to domestic supply tightness.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2025-02-28 | [Beef prices may rise as Canadian ranchers shrink cattle herds, fearing Trump tariffs](https://feedsoft.ai/events/25981-beef-prices-may-rise-as-canadian-ranchers-shrink-cattle-herds-fearing-trump.md) | -1.3% | +5.8% |
| LCATTLE | 2026-08-25 | [Flesh-eating screwworms, beef price surge collide as Mexico resumes cattle exports to U.S. - Los Angeles Times](https://feedsoft.ai/events/17846-flesh-eating-screwworms-beef-price-surge-collide-as-mexico-resumes-cattle.md) | -1.1% | -0.5% |
| 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 | 2020-08-13 | [CME update: cattle futures gain ground as slaughter rates and exports rise
						 \| The Cattle Site](https://feedsoft.ai/events/51744-cme-update-cattle-futures-gain-ground-as-slaughter-rates-and-exports-rise-the.md) | +2.4% | +0.1% |
| FCATTLE | 2025-02-28 | [Beef prices may rise as Canadian ranchers shrink cattle herds, fearing Trump tariffs](https://feedsoft.ai/events/25981-beef-prices-may-rise-as-canadian-ranchers-shrink-cattle-herds-fearing-trump.md) | -0.9% | +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 | 2020-08-13 | [CME update: cattle futures gain ground as slaughter rates and exports rise
						 \| The Cattle Site](https://feedsoft.ai/events/51744-cme-update-cattle-futures-gain-ground-as-slaughter-rates-and-exports-rise-the.md) | -1.2% | -4.2% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/us-reduces-beef-exports-cattle-herd-shrinks-squeezing-tyson-foods-2023-11-10/

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