# Cattle futures surge as trade grows bullish on potential U.S. exports to Japan

> U.S. live and feeder cattle futures rallied to their highest levels in nearly a month on Sept. 27. Traders grew more bullish on export demand after the U.S. and Japan signed a limited trade deal that would cut Japanese tariffs on American beef, pork, wheat and cheese. Feeder cattle were trading above their levels before the Tyson Holcomb fire.

- Date: 2019-09-27 · published 2019-09-27T12:00:00.000Z
- Category: trade · region Japan · magnitude medium
- Page: https://feedsoft.ai/events/57214-cattle-futures-surge-as-trade-grows-bullish-on-potential-u-s-exports-to-japan
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lower Japanese tariffs on U.S. beef raise expected export demand for beef, which supports cattle prices. Feeder cattle are also recovering from the loss of a major packing buyer.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2020-11-05 | [U.S. livestock: Cattle futures up on firm cash, export hopes - Grainews](https://feedsoft.ai/events/7937-u-s-livestock-cattle-futures-up-on-firm-cash-export-hopes-grainews.md) | +3.1% | +3.7% |
| LCATTLE | 2019-12-13 | [CME hog, cattle futures climb on U.S-China trade news](https://feedsoft.ai/events/6399-cme-hog-cattle-futures-climb-on-u-s-china-trade-news.md) | +0.8% | +4.9% |
| LCATTLE | 2026-04-02 | [Cattle futures climb on grilling demand, potential border reopening - CME
						 \| The Cattle Site](https://feedsoft.ai/events/10274-cattle-futures-climb-on-grilling-demand-potential-border-reopening-cme-the.md) | +3.1% | +5.2% |
| LCATTLE | 2026-08-25 | [Flesh-eating screwworms, beef price surge collide as Mexico resumes cattle exports to U.S. - Los Angeles Times](https://feedsoft.ai/events/17846-flesh-eating-screwworms-beef-price-surge-collide-as-mexico-resumes-cattle.md) | -1.1% | -0.5% |
| LCATTLE | 2020-08-13 | [CME update: cattle futures gain ground as slaughter rates and exports rise
						 \| The Cattle Site](https://feedsoft.ai/events/51744-cme-update-cattle-futures-gain-ground-as-slaughter-rates-and-exports-rise-the.md) | +2.4% | +0.1% |
| FCATTLE | 2020-11-05 | [U.S. livestock: Cattle futures up on firm cash, export hopes - Grainews](https://feedsoft.ai/events/7937-u-s-livestock-cattle-futures-up-on-firm-cash-export-hopes-grainews.md) | +2.1% | +1.5% |
| FCATTLE | 2019-06-03 | [Trade fights continue to batter U.S. live cattle, lean hog futures](https://feedsoft.ai/events/11384-trade-fights-continue-to-batter-u-s-live-cattle-lean-hog-futures.md) | +3.1% | +2.8% |
| FCATTLE | 2020-08-13 | [CME update: cattle futures gain ground as slaughter rates and exports rise
						 \| The Cattle Site](https://feedsoft.ai/events/51744-cme-update-cattle-futures-gain-ground-as-slaughter-rates-and-exports-rise-the.md) | -1.2% | -4.2% |

## Sources

- reuters.com: https://www.reuters.com/article/usa-livestock/livestock-cattle-futures-surge-as-trade-grows-bullish-on-potential-us-exports-to-japan-idUSL2N26I1MN/

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