# Shutdown delays prevent full view of market - Progressive Cattle | Ag Proud

> USDA ERS reports that 2018 beef production was cut by 75 million pounds on lighter December carcass weights and fewer slaughters. The 2019 beef production forecast was lowered by 175 million pounds to 27.6 billion pounds after the federal government shutdown delayed data.

- Date: 2019-03-25 · published 2019-03-25T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/60224-shutdown-delays-prevent-full-view-of-market-progressive-cattle-ag-proud
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

A lower beef production forecast reduces expected supplies of beef and cattle, supporting cattle prices and tightening the outlook for by-product meal supply.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2022-03-23 | [U.S. cattle inventory down fractionally - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/42219-u-s-cattle-inventory-down-fractionally-progressive-cattle-ag-proud.md) | +0.2% | +0.8% |
| FCATTLE | 2019-10-24 | [Beef production reduced for 2019 on decreased slaughter - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/56699-beef-production-reduced-for-2019-on-decreased-slaughter-progressive-cattle-ag.md) | +0.7% | +1.1% |
| FCATTLE | 2019-12-24 | [Beef production raised for 2019 on faster pace of slaughter - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/55549-beef-production-raised-for-2019-on-faster-pace-of-slaughter-progressive-cattle.md) | +1.3% | -0.5% |
| FCATTLE | 2020-02-25 | [CattleFax: Expansion plateaus and demand grows into 2020 - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/54714-cattlefax-expansion-plateaus-and-demand-grows-into-2020-progressive-cattle-ag.md) | -1.7% | -7.9% |
| FCATTLE | 2021-01-25 | [Production estimated lower in 2021 on reduced slaughter - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/49287-production-estimated-lower-in-2021-on-reduced-slaughter-progressive-cattle-ag.md) | +0.3% | +1.5% |
| LCATTLE | 2022-03-23 | [U.S. cattle inventory down fractionally - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/42219-u-s-cattle-inventory-down-fractionally-progressive-cattle-ag-proud.md) | +0.5% | +2.0% |
| LCATTLE | 2019-10-24 | [Beef production reduced for 2019 on decreased slaughter - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/56699-beef-production-reduced-for-2019-on-decreased-slaughter-progressive-cattle-ag.md) | +1.6% | +6.6% |
| LCATTLE | 2019-12-24 | [Beef production raised for 2019 on faster pace of slaughter - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/55549-beef-production-raised-for-2019-on-faster-pace-of-slaughter-progressive-cattle.md) | +1.7% | +3.1% |

## Sources

- agproud.com: https://www.agproud.com/articles/52613-shutdown-delays-prevent-full-view-of-market

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