# 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.

- Date: 2022-02-03 · published 2022-02-03T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/42827-the-cattle-price-explosion-is-now
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## 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.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2024-04-01 | [US cattle prices raised on firm demand - USDA
						 \| The Cattle Site](https://feedsoft.ai/events/30874-us-cattle-prices-raised-on-firm-demand-usda-the-cattle-site.md) | -2.2% | -1.9% |
| LCATTLE | 2024-06-13 | [Cattle prices holding; production contracting](https://feedsoft.ai/events/29679-cattle-prices-holding-production-contracting.md) | +1.9% | +1.8% |
| LCATTLE | 2026-05-29 | [Why the U.S. cattle herd is at a 75-year low — and what it means for beef prices : NPR](https://feedsoft.ai/events/19389-why-the-u-s-cattle-herd-is-at-a-75-year-low-and-what-it-means-for-beef-prices.md) | -0.8% | +1.4% |
| LCATTLE | 2021-11-22 | [November cattle report is out!](https://feedsoft.ai/events/44206-november-cattle-report-is-out.md) | +3.8% | +2.5% |
| LCATTLE | 2020-02-04 | [2020 Cattle Inventory—Herd Expansion Comes to an End - ProAg](https://feedsoft.ai/events/54543-2020-cattle-inventory-herd-expansion-comes-to-an-end-proag.md) | -1.0% | -7.7% |
| FCATTLE | 2024-04-01 | [US cattle prices raised on firm demand - USDA
						 \| The Cattle Site](https://feedsoft.ai/events/30874-us-cattle-prices-raised-on-firm-demand-usda-the-cattle-site.md) | -4.1% | +0.4% |
| FCATTLE | 2024-06-13 | [Cattle prices holding; production contracting](https://feedsoft.ai/events/29679-cattle-prices-holding-production-contracting.md) | +0.9% | +0.4% |
| FCATTLE | 2026-05-29 | [Why the U.S. cattle herd is at a 75-year low — and what it means for beef prices : NPR](https://feedsoft.ai/events/19389-why-the-u-s-cattle-herd-is-at-a-75-year-low-and-what-it-means-for-beef-prices.md) | +0.1% | +4.8% |

## Sources

- agriculture.com: https://www.agriculture.com/livestock/cattle/the-cattle-price-explosion-is-now

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