# Third Quarter 2020 Beef Imports Highest in Two Decades, Cattle Prices Lowest in 10 Years - R-CALF USA

> R-CALF USA says third-quarter 2020 US beef imports exceeded one billion pounds, the highest third-quarter volume in at least two decades. The group ties this to fed cattle prices falling to a decade-low monthly price of $95.33 in July 2020 and cites its ongoing antitrust lawsuit against major packers.

- Date: 2021-05-08 · published 2021-05-08T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/47032-third-quarter-2020-beef-imports-highest-in-two-decades-cattle-prices-lowest-in
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Historical data on import surges and depressed fed cattle prices is backward-looking, but it supports the argument that imports weigh on domestic cattle values.

## Read by commodity

- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2022-10-26 | [US Beef Demand Seen Falling in 2023 as Cattle Herd Continues to Shrink – The Van Trump Report](https://feedsoft.ai/events/39088-us-beef-demand-seen-falling-in-2023-as-cattle-herd-continues-to-shrink-the-van.md) | +0.7% | +1.6% |
| LCATTLE | 2020-07-22 | [USDA Releases Report on Boxed Beef and Fed Cattle Price Investigation](https://feedsoft.ai/events/52238-usda-releases-report-on-boxed-beef-and-fed-cattle-price-investigation.md) | -0.0% | +6.9% |
| LCATTLE | 2017-01-01 | [USDA beefs up fed cattle price reporting](https://feedsoft.ai/events/73130-usda-beefs-up-fed-cattle-price-reporting.md) | -0.8% | +2.6% |
| LCATTLE | 2021-08-05 | [Introducing the World’s First Global Producer Price Indices for Beef Cattle and Sheep](https://feedsoft.ai/events/45512-introducing-the-world-s-first-global-producer-price-indices-for-beef-cattle-and.md) | +0.4% | +3.1% |
| LCATTLE | 2023-11-09 | [November 'WASDE' Report: Steady Cattle Prices Forecast; Corn Prices Lowered \| Cattle Range News](https://feedsoft.ai/events/33328-november-wasde-report-steady-cattle-prices-forecast-corn-prices-lowered-cattle.md) | -1.8% | -7.6% |

## Sources

- r-calfusa.com: https://www.r-calfusa.com/third-quarter-2020-beef-imports-highest-in-two-decades-cattle-prices-lowest-in-10-years/

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