# Beef Watch: Strong demand keeps beef, cattle prices firm - Canadian Cattlemen

> Canfax reports that the Canadian cattle herd contracted in 2018 to 11.45 million head, the lowest since 1991, with beef cow numbers at 3.66 million. Strong global demand has kept beef and cattle prices steady to slightly stronger than last year.

- Date: 2019-05-13 · published 2019-05-13T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/59049-beef-watch-strong-demand-keeps-beef-cattle-prices-firm-canadian-cattlemen
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

A shrinking herd supports cattle prices, but larger on-feed inventories and high feed costs add caution. Feed buyers should expect firm feeder demand alongside rising feed expenses.

## Read by commodity

- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2021-08-05 | [Introducing the World’s First Global Producer Price Indices for Beef Cattle and Sheep](https://feedsoft.ai/events/45512-introducing-the-world-s-first-global-producer-price-indices-for-beef-cattle-and.md) | +0.4% | +3.1% |
| LCATTLE | 2017-01-01 | [USDA beefs up fed cattle price reporting](https://feedsoft.ai/events/73130-usda-beefs-up-fed-cattle-price-reporting.md) | -0.8% | +2.6% |
| LCATTLE | 2022-10-26 | [US Beef Demand Seen Falling in 2023 as Cattle Herd Continues to Shrink – The Van Trump Report](https://feedsoft.ai/events/39088-us-beef-demand-seen-falling-in-2023-as-cattle-herd-continues-to-shrink-the-van.md) | +0.7% | +1.6% |
| LCATTLE | 2017-11-20 | [Cattle on Feed Continues Strong Placements \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/68133-cattle-on-feed-continues-strong-placements-farm-bureau-intel-markets-american.md) | -1.1% | -0.8% |
| LCATTLE | 2020-07-22 | [USDA Releases Report on Boxed Beef and Fed Cattle Price Investigation](https://feedsoft.ai/events/52238-usda-releases-report-on-boxed-beef-and-fed-cattle-price-investigation.md) | -0.0% | +6.9% |

## Sources

- canadiancattlemen.ca: https://www.canadiancattlemen.ca/beef-watch/beef-watch-strong-demand-keep-beef-cattle-prices-firm/

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