# BeefWatch: Canadian cattle herd increases, strong beef demand seen from consumers - Canadian Cattlemen

> Canfax reports the Canadian cattle herd rose 0.2% on July 1, 2021, to 12.29 million head, the first increase since 2017. Beef exports have surged on strong consumer demand, supporting fed and feeder cattle prices despite record grain costs.

- Date: 2021-11-17 · published 2021-11-17T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/43995-beefwatch-canadian-cattle-herd-increases-strong-beef-demand-seen-from-consumers
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A growing herd adds future supply, but strong beef demand and exports are keeping cattle prices firm for feeders in the near term.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2022-11-16 | [Canadian cattle numbers see significant drop, strong demand for beef continues - Canadian Cattlemen](https://feedsoft.ai/events/38613-canadian-cattle-numbers-see-significant-drop-strong-demand-for-beef-continues.md) | +0.9% | +2.1% |
| LCATTLE | 2022-05-13 | [BeefWatch: Canada's cattle herd shrinks, beef exports very strong - Canadian Cattlemen](https://feedsoft.ai/events/41343-beefwatch-canada-s-cattle-herd-shrinks-beef-exports-very-strong-canadian.md) | -0.4% | +0.1% |
| LCATTLE | 2019-12-19 | [Cattle and beef: Where to from here?](https://feedsoft.ai/events/55547-cattle-and-beef-where-to-from-here.md) | +0.9% | +3.9% |
| LCATTLE | 2024-05-03 | [Canada, U.S. cattle inventories further decline - Canadian Cattlemen](https://feedsoft.ai/events/30404-canada-u-s-cattle-inventories-further-decline-canadian-cattlemen.md) | +0.2% | +3.2% |
| LCATTLE | 2021-03-12 | [Weekly beef and dairy digest: cattle herds increase across the globe
						 \| The Cattle Site](https://feedsoft.ai/events/48054-weekly-beef-and-dairy-digest-cattle-herds-increase-across-the-globe-the-cattle.md) | +0.0% | +4.0% |
| FCATTLE | 2022-11-16 | [Canadian cattle numbers see significant drop, strong demand for beef continues - Canadian Cattlemen](https://feedsoft.ai/events/38613-canadian-cattle-numbers-see-significant-drop-strong-demand-for-beef-continues.md) | +3.4% | +4.5% |
| FCATTLE | 2022-05-13 | [BeefWatch: Canada's cattle herd shrinks, beef exports very strong - Canadian Cattlemen](https://feedsoft.ai/events/41343-beefwatch-canada-s-cattle-herd-shrinks-beef-exports-very-strong-canadian.md) | -1.8% | +11.2% |
| FCATTLE | 2024-05-03 | [Canada, U.S. cattle inventories further decline - Canadian Cattlemen](https://feedsoft.ai/events/30404-canada-u-s-cattle-inventories-further-decline-canadian-cattlemen.md) | -2.0% | +5.3% |

## Sources

- canadiancattlemen.ca: https://www.canadiancattlemen.ca/beef-watch/beefwatch-canadian-cattle-herd-increases-strong-beef-demand-seen-from-consumers/

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