# New Direction For Beef Herd Could Ease Meat Prices

> The US beef herd may begin growing for the first time in nearly a decade, after the smallest cattle supply since the 1960s. Retail choice beef prices are up 8% over the past year and 20% since 2008.

- Date: 2019-10-29 · published 2019-10-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/56521-new-direction-for-beef-herd-could-ease-meat-prices
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Herd rebuilding would eventually add cattle supply, but with the smallest herd in decades, slow growth will not lower feeder or fed cattle prices soon.

## Read by commodity

- LCATTLE: neutral

## Sources

- ipm.org: https://www.ipm.org/show/eartheats/2019-10-29/hpm-beef-story

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