# Rabobank report shows strong demand for US beef  | MEAT+POULTRY

> Rabobank's Q3 Beef Quarterly says US beef export demand is robust, driven by a global shortage and rising demand from China and Southeast Asia. The bank noted US steer prices are 25% above 2020 and 8% above the five-year average, and expects better fed cattle prices for Q4 and 2022.

- Date: 2021-08-27 · published 2021-08-27T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/45704-rabobank-report-shows-strong-demand-for-us-beef-meat-poultry
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Strong export demand and a tighter global beef supply support US fed cattle and feeder prices, and the outlook for higher replacement cattle values supports the cattle complex.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2026-01-20 | [US lean beef trimmings import prices rise on China demand, tight supply](https://feedsoft.ai/events/21181-us-lean-beef-trimmings-import-prices-rise-on-china-demand-tight-supply.md) | +1.3% | +5.2% |
| LCATTLE | 2019-08-14 | [SE Asia Report: Strong Indonesian feeder imports continue in July - Beef Central](https://feedsoft.ai/events/57526-se-asia-report-strong-indonesian-feeder-imports-continue-in-july-beef-central.md) | -2.0% | -7.0% |
| LCATTLE | 2020-07-10 | [SE Asia Report: Trade volumes strong despite ongoing Covid 19 disruption - Beef Central](https://feedsoft.ai/events/52058-se-asia-report-trade-volumes-strong-despite-ongoing-covid-19-disruption-beef.md) | +2.6% | +3.7% |
| LCATTLE | 2020-07-21 | [US red meat exports adding value to corn and soybeans - Brownfield Ag News](https://feedsoft.ai/events/52196-us-red-meat-exports-adding-value-to-corn-and-soybeans-brownfield-ag-news.md) | -0.5% | +6.8% |
| LCATTLE | 2020-04-24 | [China buying more US beef and soybeans - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/53504-china-buying-more-us-beef-and-soybeans-agweek-1-source-for-agriculture-news.md) | -0.5% | +12.3% |
| FCATTLE | 2026-01-20 | [US lean beef trimmings import prices rise on China demand, tight supply](https://feedsoft.ai/events/21181-us-lean-beef-trimmings-import-prices-rise-on-china-demand-tight-supply.md) | +1.3% | +2.5% |
| FCATTLE | 2023-11-10 | [US reduces beef exports as cattle herd shrinks, squeezing Tyson Foods \| Reuters](https://feedsoft.ai/events/33104-us-reduces-beef-exports-as-cattle-herd-shrinks-squeezing-tyson-foods-reuters.md) | +0.2% | -6.0% |
| FCATTLE | 2025-04-23 | [Tight Supplies and Beef Demand are Fundamental to Price Support \| Feedlot Special \| feedlotmagazine.com](https://feedsoft.ai/events/11323-tight-supplies-and-beef-demand-are-fundamental-to-price-support-feedlot-special.md) | +2.5% | +3.2% |

## Sources

- meatpoultry.com: https://www.meatpoultry.com/articles/25428-rabobank-report-shows-strong-demand-for-us-beef

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