# Beef prices - Articles - Page 17 | Ag Proud

> US cattle inventory on January 1, 2020 was 94.4 million head, about 400,000 below a year earlier. Beef supplies are rising while COVID-19 weighs on demand, and live cattle futures fell sharply in late February before partly recovering.

- Date: 2020-03-10 · published 2020-03-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/54073-beef-prices-articles-page-17-ag-proud
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Large beef supplies combined with softer demand pressure cattle prices. Slower herd growth limits further supply increases, which partly offsets the downside.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- agproud.com: https://www.agproud.com/articles/keyword/1594-beef-prices?page=17

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