# BeefWatch: Canada's cattle herd shrinks, beef exports very strong - Canadian Cattlemen

> Canada's January 1, 2022 cattle inventory fell 0.5% to 11.1 million head, with beef cow numbers at their lowest since 1990. Record 2021 beef export values and solid demand are supporting cattle prices despite high feed costs.

- Date: 2022-05-13 · published 2022-05-13T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/41343-beefwatch-canada-s-cattle-herd-shrinks-beef-exports-very-strong-canadian
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A shrinking cow herd in North America points to tighter cattle supply later in 2022, which is supportive for cattle prices and feeder demand for feed.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2021-11-17 | [BeefWatch: Canadian cattle herd increases, strong beef demand seen from consumers - Canadian Cattlemen](https://feedsoft.ai/events/43995-beefwatch-canadian-cattle-herd-increases-strong-beef-demand-seen-from-consumers.md) | +2.0% | +4.4% |
| LCATTLE | 2022-11-16 | [Canadian cattle numbers see significant drop, strong demand for beef continues - Canadian Cattlemen](https://feedsoft.ai/events/38613-canadian-cattle-numbers-see-significant-drop-strong-demand-for-beef-continues.md) | +0.9% | +2.1% |
| LCATTLE | 2022-08-09 | [Shrinking U.S. cattle herd signals more pain from high beef prices](https://feedsoft.ai/events/39969-shrinking-u-s-cattle-herd-signals-more-pain-from-high-beef-prices.md) | +1.8% | +3.0% |
| LCATTLE | 2024-05-03 | [Canada, U.S. cattle inventories further decline - Canadian Cattlemen](https://feedsoft.ai/events/30404-canada-u-s-cattle-inventories-further-decline-canadian-cattlemen.md) | +0.2% | +3.2% |
| LCATTLE | 2022-02-24 | [US cattle herd shrinks for third straight year \| MEAT+POULTRY](https://feedsoft.ai/events/42654-us-cattle-herd-shrinks-for-third-straight-year-meat-poultry.md) | -0.7% | -2.4% |
| FCATTLE | 2021-11-17 | [BeefWatch: Canadian cattle herd increases, strong beef demand seen from consumers - Canadian Cattlemen](https://feedsoft.ai/events/43995-beefwatch-canadian-cattle-herd-increases-strong-beef-demand-seen-from-consumers.md) | +5.6% | +5.0% |
| FCATTLE | 2022-11-16 | [Canadian cattle numbers see significant drop, strong demand for beef continues - Canadian Cattlemen](https://feedsoft.ai/events/38613-canadian-cattle-numbers-see-significant-drop-strong-demand-for-beef-continues.md) | +3.4% | +4.5% |
| FCATTLE | 2022-08-09 | [Shrinking U.S. cattle herd signals more pain from high beef prices](https://feedsoft.ai/events/39969-shrinking-u-s-cattle-herd-signals-more-pain-from-high-beef-prices.md) | -0.7% | +1.6% |

## Sources

- canadiancattlemen.ca: https://www.canadiancattlemen.ca/news/beefwatch-canadas-cattle-herd-shrinks-beef-exports-very-strong/

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