# What’s the relationship between U.S. and Canada feeder cattle?

> Beef Magazine examines whether mandatory country-of-origin labeling (MCOOL) raised US and Canadian feeder cattle prices during the boom years. It reviews regression data on meat demand and cattle prices. The piece follows renewed lobbying to include MCOOL in the USMCA trade agreement.

- Date: 2019-09-24 · published 2019-09-24T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/57033-what-s-the-relationship-between-u-s-and-canada-feeder-cattle
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

If MCOOL is revived in USMCA it could alter feeder cattle trade and price relationships between the US and Canada, though the analysis suggests COOL did not drive the price-consumption relationship.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2018-05-22 | [CME amends feeder cattle futures, options rules - Grainews](https://feedsoft.ai/events/65153-cme-amends-feeder-cattle-futures-options-rules-grainews.md) | +8.3% | +11.7% |
| FCATTLE | 2017-06-21 | [CFTC fines U.S. cattle futures traders $5 million](https://feedsoft.ai/events/70628-cftc-fines-u-s-cattle-futures-traders-5-million.md) | +0.7% | +7.3% |
| FCATTLE | 2020-05-30 | [Cattle feeders look for market fix](https://feedsoft.ai/events/53278-cattle-feeders-look-for-market-fix.md) | -0.9% | -2.0% |
| FCATTLE | 2017-06-21 | [Regulators Accuse Brokerage of Cattle-Futures Scheme](https://feedsoft.ai/events/70629-regulators-accuse-brokerage-of-cattle-futures-scheme.md) | +0.7% | +7.3% |
| FCATTLE | 2021-07-06 | [Editorial: Protecting cattle from pest and disease - Texas Border Business](https://feedsoft.ai/events/46008-editorial-protecting-cattle-from-pest-and-disease-texas-border-business.md) | +0.7% | +0.8% |
| LCATTLE | 2019-01-31 | [Cash trade vs. fed cattle basis; what’s the deal?](https://feedsoft.ai/events/61218-cash-trade-vs-fed-cattle-basis-what-s-the-deal.md) | +0.3% | +2.5% |
| LCATTLE | 2022-02-16 | [The Price of Beef and the Price of Cattle \| Feedlot Special \| feedlotmagazine.com](https://feedsoft.ai/events/42825-the-price-of-beef-and-the-price-of-cattle-feedlot-special-feedlotmagazine-com.md) | +1.0% | -1.5% |
| LCATTLE | 2020-07-22 | [USDA Mulls Cattle Market Changes After Coronavirus-Related Gyrations  - WSJ](https://feedsoft.ai/events/52239-usda-mulls-cattle-market-changes-after-coronavirus-related-gyrations-wsj.md) | -0.0% | +6.9% |

## Sources

- beefmagazine.com: https://www.beefmagazine.com/cattle-pricing/what-s-the-relationship-between-u-s-and-canada-feeder-cattle-prices-109121

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