# Cattle imports are causing the price of live cattle to plummet

> Livestock farmers in Ha Tinh province, Vietnam, report that live cattle prices have fallen sharply since late 2021. Officials link the drop to a large influx of imported cattle, and some farmers have cut their herds by half. The local herd has shrunk from about 180,000 head in 2019 to about 168,000.

- Date: 2023-08-08 · published 2023-08-08T12:00:00.000Z
- Category: trade · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/34506-cattle-imports-are-causing-the-price-of-live-cattle-to-plummet
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Cheap imported cattle depress domestic prices and discourage herd expansion, which keeps Vietnamese beef demand for feed supplied by imports. The story is local and has little direct effect on global feed prices.

## Read by commodity

- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2017-05-31 | [More cattle emphasizes the importance of increasing market access - Brownfield Ag News](https://feedsoft.ai/events/71133-more-cattle-emphasizes-the-importance-of-increasing-market-access-brownfield-ag.md) | +4.7% | -5.2% |
| LCATTLE | 2024-09-10 | [U.S. beef exports lower as cattle prices turn negative](https://feedsoft.ai/events/28245-u-s-beef-exports-lower-as-cattle-prices-turn-negative.md) | +0.3% | +4.5% |
| LCATTLE | 2026-10-25 | [Phased reopening of southern border to livestock imports continues](https://feedsoft.ai/events/17079-phased-reopening-of-southern-border-to-livestock-imports-continues.md) | -0.7% | — |
| LCATTLE | 2025-10-28 | [US cattle futures plunge as import fears grow - CME
						 \| The Cattle Site](https://feedsoft.ai/events/22557-us-cattle-futures-plunge-as-import-fears-grow-cme-the-cattle-site.md) | -0.8% | -9.0% |
| LCATTLE | 2021-02-11 | [Imports of Cattle and Beef Hit Historical High in 2020 - R-CALF USA](https://feedsoft.ai/events/48572-imports-of-cattle-and-beef-hit-historical-high-in-2020-r-calf-usa.md) | -0.3% | +1.1% |

## Sources

- van.nongnghiepmoitruong.vn: https://van.nongnghiepmoitruong.vn/massive-cattle-imports-are-causing-the-price-of-live-cattle-in-ha-tinh-to-plummet-d358715.html

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