# Beef Market Update: Combing through the data on cow herd contraction - RealAgriculture

> Weekly beef market commentary notes mixed US cash trade, with southern cattle near $179 and northern bids weaker at $182-184 live. Choice cutout fell about $4 as retail buying slowed before Labor Day, and Canada's cattle herd continued to shrink.

- Date: 2023-09-01 · published 2023-09-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/34032-beef-market-update-combing-through-the-data-on-cow-herd-contraction
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Routine cattle price moves with no new supply shock; continued Canadian herd liquidation keeps feeder supplies tight for feedlots.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Sources

- realagriculture.com: https://www.realagriculture.com/2023/09/beef-market-update-combing-through-the-data-on-cow-herd-contraction/

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