# 2020: Strong beef demand across the globe to continue

> Rabobank's fourth-quarter beef report expects US beef production to hold at high levels in 2020 and likely 2021. US import prices jumped in October to levels last seen in 2014. Growing Chinese demand is increasing beef imports from Australia and New Zealand.

- Date: 2019-12-12 · published 2019-12-12T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/55552-2020-strong-beef-demand-across-the-globe-to-continue
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

High US import prices and strong global demand support domestic cattle values. Expected heifer retention may limit carcass weights, which tempers supply growth.

## Read by commodity

- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| LCATTLE | 2025-03-06 | [Beef and Egg Supply Constraints Forecast to Continue in 2025 – The Van Trump Report](https://feedsoft.ai/events/25524-beef-and-egg-supply-constraints-forecast-to-continue-in-2025-the-van-trump.md) | +1.9% | +7.2% |
| 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 | 2018-05-24 | [Global beef appears strong in Q2](https://feedsoft.ai/events/64989-global-beef-appears-strong-in-q2.md) | -1.7% | +0.1% |
| LCATTLE | 2026-03-04 | [CattleFax forecasts continued strong demand, high prices - Texas Farm Bureau](https://feedsoft.ai/events/20117-cattlefax-forecasts-continued-strong-demand-high-prices-texas-farm-bureau.md) | -0.9% | +0.4% |

## Sources

- beefmagazine.com: https://www.beefmagazine.com/market-news/2020-strong-beef-demand-across-the-globe-to-continue

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