# Cow-Calf Corner | June 19, 2023 | Oklahoma State University

> US beef exports fell 9.0% year over year in January to April 2023 after record 2022 levels, with April down 12.0%. South Korea is now the largest destination, while exports to Japan and China/Hong Kong declined and exports to Mexico rose.

- Date: 2023-06-20 · published 2023-06-20T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/35438-cow-calf-corner-june-19-2023-oklahoma-state-university
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Lower export demand with falling beef production weakens packer demand for cattle, which is mildly bearish for live cattle prices.

## Read by commodity

- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2024-05-15 | [Cow-Calf Corner \| May 6, 2024 \| Oklahoma State University](https://feedsoft.ai/events/30192-cow-calf-corner-may-6-2024-oklahoma-state-university.md) | +2.0% | +2.4% |
| LCATTLE | 2018-06-27 | [Supply and demand challenges continue for beef industry \| Oklahoma State University](https://feedsoft.ai/events/64470-supply-and-demand-challenges-continue-for-beef-industry-oklahoma-state.md) | -0.6% | +3.2% |
| LCATTLE | 2024-07-17 | [An Update on 2024 U.S. Beef Trade \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/29215-an-update-on-2024-u-s-beef-trade-ohio-beef-cattle-letter.md) | +0.8% | -0.4% |
| LCATTLE | 2022-10-12 | [No Imports or Exports Would Result in a Smaller U.S. Beef Cattle Industry - Oklahoma Farm Report](https://feedsoft.ai/events/39089-no-imports-or-exports-would-result-in-a-smaller-u-s-beef-cattle-industry.md) | +1.2% | +4.5% |
| LCATTLE | 2019-07-08 | [Cow-Calf Corner: Global dynamics affecting US meat trade; Heat and cattle - Texas & Southwestern Cattle Raisers Association](https://feedsoft.ai/events/58027-cow-calf-corner-global-dynamics-affecting-us-meat-trade-heat-and-cattle-texas.md) | +1.2% | +1.9% |

## Sources

- extension.okstate.edu: https://extension.okstate.edu/programs/beef-extension/cow-calf-corner-the-newsletter-archives/2023/june-19-2023

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