# Beef production continues to be down in 2022 - Progressive Cattle | Ag Proud

> USDA ERS raised its 2022 forecast for commercial beef production by 195 million pounds to 27.57 billion pounds. February cow slaughter was up 12.2% year over year, largely due to a weather-disrupted base week in 2021, but remained below 2019 and 2020 levels.

- Date: 2022-04-25 · published 2022-04-25T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/41788-beef-production-continues-to-be-down-in-2022-progressive-cattle-ag-proud
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A larger production forecast adds beef supply, which is mildly bearish for cattle prices, though cow slaughter trends still point to a tight herd.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2017-02-25 | [2016 beef production bolstered by increased slaughter, higher dressed weights - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/72625-2016-beef-production-bolstered-by-increased-slaughter-higher-dressed-weights.md) | -1.3% | +3.0% |
| LCATTLE | 2021-11-24 | [Higher cow slaughter and carcass weights raise 2021 beef production forecast - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/44002-higher-cow-slaughter-and-carcass-weights-raise-2021-beef-production-forecast.md) | +2.1% | +1.7% |
| LCATTLE | 2016-12-23 | [Cattle prices declined in October - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/73417-cattle-prices-declined-in-october-progressive-cattle-ag-proud.md) | +3.7% | +6.4% |
| LCATTLE | 2022-09-23 | [Higher fed cattle marketings to lift 2023 production \| Ag Proud](https://feedsoft.ai/events/39727-higher-fed-cattle-marketings-to-lift-2023-production-ag-proud.md) | +0.4% | +3.0% |
| LCATTLE | 2021-12-24 | [Beef production up on expected heavier dressed weights and higher fed cattle slaughter - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/43547-beef-production-up-on-expected-heavier-dressed-weights-and-higher-fed-cattle.md) | +0.1% | +0.1% |
| FCATTLE | 2017-02-25 | [2016 beef production bolstered by increased slaughter, higher dressed weights - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/72625-2016-beef-production-bolstered-by-increased-slaughter-higher-dressed-weights.md) | +2.1% | +9.6% |
| FCATTLE | 2016-12-23 | [Cattle prices declined in October - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/73417-cattle-prices-declined-in-october-progressive-cattle-ag-proud.md) | -0.5% | +1.0% |
| FCATTLE | 2021-12-24 | [Beef production up on expected heavier dressed weights and higher fed cattle slaughter - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/43547-beef-production-up-on-expected-heavier-dressed-weights-and-higher-fed-cattle.md) | +2.1% | -3.0% |

## Sources

- agproud.com: https://www.agproud.com/articles/55248-beef-production-continues-to-be-down-in-2022

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