# US herd slowdown good news for cattle prices | Meat & Livestock Australia

> Meat & Livestock Australia reports that the US beef herd recovered to 94.8 million head at the start of 2019 after falling to 88.5 million in 2014. The resulting rise in US beef production and exports is adding competitive pressure on Australian export markets.

- Date: 2019-05-16 · published 2019-05-16T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/59050-us-herd-slowdown-good-news-for-cattle-prices-meat-and-livestock-australia
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

The US herd slowdown in future supply should ease export competition and support cattle prices in both countries. Buyers may see firmer beef and cattle values as the herd cycle turns.

## Read by commodity

- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2023-02-23 | [Smaller Cattle Herd, but Stronger Live Cattle Prices Forecast for 2023](https://feedsoft.ai/events/37272-smaller-cattle-herd-but-stronger-live-cattle-prices-forecast-for-2023.md) | +0.9% | +0.1% |
| LCATTLE | 2026-05-29 | [Why the U.S. cattle herd is at a 75-year low — and what it means for beef prices : NPR](https://feedsoft.ai/events/19389-why-the-u-s-cattle-herd-is-at-a-75-year-low-and-what-it-means-for-beef-prices.md) | -0.8% | +1.4% |
| LCATTLE | 2022-02-24 | [US cattle herd shrinks for third straight year \| MEAT+POULTRY](https://feedsoft.ai/events/42654-us-cattle-herd-shrinks-for-third-straight-year-meat-poultry.md) | -0.7% | -2.4% |
| LCATTLE | 2021-06-29 | [Ag economist says Cattle on Feed report has some good news for cattle prices - Brownfield Ag News](https://feedsoft.ai/events/46711-ag-economist-says-cattle-on-feed-report-has-some-good-news-for-cattle-prices.md) | -0.7% | -1.3% |
| LCATTLE | 2018-11-21 | [U.S. livestock: Cattle futures rally after bullish USDA data - Grainews](https://feedsoft.ai/events/62167-u-s-livestock-cattle-futures-rally-after-bullish-usda-data-grainews.md) | +1.5% | +4.2% |

## Sources

- mla.com.au: https://www.mla.com.au/prices-markets/market-news/2019/us-herd-slowdown-good-news-for-cattle-prices/

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