◂ Event Timeline

Feb 3, 2022REPORTUS

The Cattle Price Explosion Is Now!

Fed cattle prices near $140 per cwt are up $25 from last year, and feeder calves exceed $2 per pound. A USDA report showed the US cow herd fell to 30.1 million head, mainly from drought in the Great Plains.

WHY IT MATTERS

A shrinking cow herd and processing catch-up point to tighter cattle supplies, supporting cattle prices and feed demand over coming months.

AFFECTSLCATTLE▲FCATTLE▲

SOURCE
agriculture.comGene JohnstonFeb 3, 2022

Price reaction & history

LCATTLE▲bullishSO FAR1d +0.2%5d +1.7%20d +1.9%

After 268 past bullish report events, LCATTLE moved a median +0.3% over 5 sessions (58% higher; middle half -0.7% to +1.4%), and +1.7% over 20.

Apr 1, 2024US cattle prices raised on firm demand - USDA | The Cattle Site-2.2%
Jun 13, 2024Cattle prices holding; production contracting+1.9%
May 29, 2026Why the U.S. cattle herd is at a 75-year low — and what it means for beef prices : NPR-0.8%
Nov 22, 2021November cattle report is out!+3.8%
Feb 4, 20202020 Cattle Inventory—Herd Expansion Comes to an End - ProAg-1.0%

FCATTLE▲bullishSO FAR1d -0.1%5d +0.8%20d -6.3%

After 227 past bullish report events, FCATTLE moved a median +0.4% over 5 sessions (57% higher; middle half -1.2% to +1.5%), and +1.1% over 20.

Apr 1, 2024US cattle prices raised on firm demand - USDA | The Cattle Site-4.1%
Jun 13, 2024Cattle prices holding; production contracting+0.9%
May 29, 2026Why the U.S. cattle herd is at a 75-year low — and what it means for beef prices : NPR+0.1%
Nov 22, 2021November cattle report is out!+3.0%
Feb 4, 20202020 Cattle Inventory—Herd Expansion Comes to an End - ProAg-0.7%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

LCATTLE · GP ▸

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FCATTLE · GP ▸

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