# Analyst: Fewer cattle bode well for prices | Capital Press

> An industry analyst expects the US cattle inventory to fall about 1% at the start of 2020 after producers reduced herd numbers in 2019. Beef cow slaughter rose 3% through October, and total cow slaughter is forecast to drop 4% in 2020 due partly to stronger milk prices.

- Date: 2019-11-13 · published 2019-11-13T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/56000-analyst-fewer-cattle-bode-well-for-prices-capital-press
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Smaller herds and lower cow and heifer slaughter tighten beef supply, which supports live and feeder cattle prices into 2020.

## Read by commodity

- MILK: bullish ▲
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2023-06-05 | [North American cattle prices pull away from world prices \| Capital Press](https://feedsoft.ai/events/10092-north-american-cattle-prices-pull-away-from-world-prices-capital-press.md) | +1.7% | +2.7% |
| LCATTLE | 2019-11-01 | [National feeder and stocker cattle report \| Capital Press](https://feedsoft.ai/events/56210-national-feeder-and-stocker-cattle-report-capital-press.md) | +4.6% | +6.9% |
| LCATTLE | 2022-08-23 | [Beef herd contraction supports cattle prices \| Capital Press](https://feedsoft.ai/events/39971-beef-herd-contraction-supports-cattle-prices-capital-press.md) | -0.6% | +0.3% |
| LCATTLE | 2025-04-24 | [Fischer: Prices For Cattle Remain High](https://feedsoft.ai/events/25264-fischer-prices-for-cattle-remain-high.md) | +1.8% | +3.8% |
| LCATTLE | 2023-05-22 | [USDA foresees Less Beef Production and Higher Cattle Prices Cattle Range](https://feedsoft.ai/events/4498-usda-foresees-less-beef-production-and-higher-cattle-prices-cattle-range.md) | +0.8% | +8.0% |
| FCATTLE | 2023-06-05 | [North American cattle prices pull away from world prices \| Capital Press](https://feedsoft.ai/events/10092-north-american-cattle-prices-pull-away-from-world-prices-capital-press.md) | -1.2% | +2.5% |
| FCATTLE | 2022-04-04 | [National feeder and stocker cattle report \| Capital Press](https://feedsoft.ai/events/41990-national-feeder-and-stocker-cattle-report-capital-press.md) | -3.1% | -0.1% |
| FCATTLE | 2023-04-03 | [National feeder and stocker cattle report \| Capital Press](https://feedsoft.ai/events/10378-national-feeder-and-stocker-cattle-report-capital-press.md) | +0.0% | +4.4% |

## Sources

- capitalpress.com: https://capitalpress.com/2019/11/13/analyst-fewer-cattle-bode-well-for-prices/

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