# Beef Market Update: Feed prices, a strong dollar, and the worldwide demand for protein - RealAgriculture

> Beef prices are lower in both Canada and the US, with beef production up 8% in Canada and nearly 1% in the US year to date. Canadian beef export volume rose 19% and value 31%, while the Canadian dollar and expected US rate cuts are cited as factors for fall prices.

- Date: 2019-07-13 · published 2019-07-13T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/58246-beef-market-update-feed-prices-a-strong-dollar-and-the-worldwide-demand-for
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Higher beef output and lower fed cattle prices weigh on cattle values, while barley and feed costs are the main determinant of feeding margins going forward.

## Read by commodity

- BARLEY: neutral
- LCATTLE: bearish ▼

## Sources

- realagriculture.com: https://www.realagriculture.com/2019/07/beef-market-update-the-worldwide-demand-for-protein-feed-prices-and-a-strong-dollar/

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