# Cattle Market Outlook Bright Despite Rising Input Costs | Ohio Ag Manager

> An Ohio State Extension summary of a January 2022 beef outlook talk by Dr. Andrew Griffith says US cow numbers are down due to drought west of the Mississippi and heifer and cull cow slaughter rose. Demand for US beef in export and domestic markets is described as strong, with China becoming the third-largest US beef importer in 2021.

- Date: 2022-01-31 · published 2022-01-31T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/43275-cattle-market-outlook-bright-despite-rising-input-costs-ohio-ag-manager
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A shrinking cow herd should support strong fed cattle and feeder prices into 2022-2024, though rising input costs weigh on margins.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2023-04-28 | [Long-Term Outlook Bullish for Cattle Into 2025](https://feedsoft.ai/events/36525-long-term-outlook-bullish-for-cattle-into-2025.md) | -4.4% | -3.3% |
| LCATTLE | 2016-11-07 | [Cattle Outlook: Unemployment Decline Good for Meat Demand
						 \| The Cattle Site](https://feedsoft.ai/events/73969-cattle-outlook-unemployment-decline-good-for-meat-demand-the-cattle-site.md) | +1.2% | +8.2% |
| LCATTLE | 2023-07-19 | [Comparing the current feeder cattle market to 2014 and 2015](https://feedsoft.ai/events/35184-comparing-the-current-feeder-cattle-market-to-2014-and-2015.md) | -0.3% | -0.2% |
| LCATTLE | 2022-05-25 | [What's in Store for the 2022 Feeder Cattle Market?](https://feedsoft.ai/events/5071-what-s-in-store-for-the-2022-feeder-cattle-market.md) | -1.3% | +3.1% |
| LCATTLE | 2024-09-19 | [What is Next for the Cattle Markets? - ProAg](https://feedsoft.ai/events/28453-what-is-next-for-the-cattle-markets-proag.md) | +1.9% | +3.8% |
| FCATTLE | 2022-03-17 | [Herd liquidation: Many factors beyond drought conditions impacting cattle markets – AgriNews](https://feedsoft.ai/events/42220-herd-liquidation-many-factors-beyond-drought-conditions-impacting-cattle.md) | -0.7% | +0.8% |
| FCATTLE | 2023-04-28 | [Long-Term Outlook Bullish for Cattle Into 2025](https://feedsoft.ai/events/36525-long-term-outlook-bullish-for-cattle-into-2025.md) | +0.5% | +3.1% |
| FCATTLE | 2023-07-19 | [Comparing the current feeder cattle market to 2014 and 2015](https://feedsoft.ai/events/35184-comparing-the-current-feeder-cattle-market-to-2014-and-2015.md) | -1.9% | -0.9% |

## Sources

- u.osu.edu: https://u.osu.edu/ohioagmanager/2022/01/31/cattle-market-outlook-bright-despite-rising-input-costs/

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