# Explaining beef’s supply curve

> An outlook piece explains beef supply dynamics, noting drought, pricey feed and good cull cow prices are pushing more cows to market in the short term. Beef production is forecast to fall 1.7% in 2022 and 3.0% in 2023.

- Date: 2022-05-20 · published 2022-05-20T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/41543-explaining-beef-s-supply-curve
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Short-term cow slaughter adds beef supply now but tightening production later supports higher future cattle prices.

## Read by commodity

- CORN: bullish ▲
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2022-12-28 | [Beef cutout surges as extreme weather takes toll: DLR](https://feedsoft.ai/events/9956-beef-cutout-surges-as-extreme-weather-takes-toll-dlr.md) | +0.5% | +0.0% |
| LCATTLE | 2022-07-27 | [Shrinking cattle herd could equal high calf, beef prices](https://feedsoft.ai/events/40435-shrinking-cattle-herd-could-equal-high-calf-beef-prices.md) | -0.6% | +3.8% |
| LCATTLE | 2026-07-29 | [Hog futures firm on heat-driven supply tightening - CME
						 \| The Pig Site](https://feedsoft.ai/events/18486-hog-futures-firm-on-heat-driven-supply-tightening-cme-the-pig-site.md) | +1.5% | -3.3% |
| LCATTLE | 2021-08-13 | [How this summer's drought could have you paying high beef prices again next year \| CBC News](https://feedsoft.ai/events/45514-how-this-summer-s-drought-could-have-you-paying-high-beef-prices-again-next.md) | -0.1% | +1.0% |
| LCATTLE | 2023-09-24 | [Summer Grilling Season Ends, But Not The High Price Of Beef](https://feedsoft.ai/events/34244-summer-grilling-season-ends-but-not-the-high-price-of-beef.md) | -0.6% | -0.7% |
| FCATTLE | 2022-12-28 | [Beef cutout surges as extreme weather takes toll: DLR](https://feedsoft.ai/events/9956-beef-cutout-surges-as-extreme-weather-takes-toll-dlr.md) | +1.2% | -1.9% |
| FCATTLE | 2022-07-27 | [Shrinking cattle herd could equal high calf, beef prices](https://feedsoft.ai/events/40435-shrinking-cattle-herd-could-equal-high-calf-beef-prices.md) | +0.4% | +2.0% |
| FCATTLE | 2021-08-13 | [How this summer's drought could have you paying high beef prices again next year \| CBC News](https://feedsoft.ai/events/45514-how-this-summer-s-drought-could-have-you-paying-high-beef-prices-again-next.md) | -0.3% | -2.8% |

## Sources

- farmprogress.com: https://www.farmprogress.com/livestock/explaining-beef-s-supply-curve

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