# U.S. cattle herd continues to contract - Grainews

> Alberta fed cattle prices eased in July as market-ready supplies rose and wholesale beef weakened. Feeder cattle prices in western Canada kept rising, and US placements in the second quarter were up slightly. The USDA report showed the US herd still contracting.

- Date: 2023-08-24 · published 2023-08-24T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/34509-u-s-cattle-herd-continues-to-contract-grainews
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Tight feeder supplies and firm feeder prices support demand for feed grains in cattle feeding. Softer fed prices reflect weaker beef demand at the margin.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bearish ▼

## Sources

- grainews.ca: https://www.grainews.ca/cattlemans-corner/u-s-cattle-herd-continues-to-contract-2/

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