# International demand keeps Texas beef prices stable - Department of Animal Science

> Texas A&M economists say cattle herds are near the end of their post-2012-drought growth phase, and strong export demand has kept US beef prices steady. Prices are expected to move sideways in 2019, with declining cattle numbers forecast for 2020.

- Date: 2019-01-12 · published 2019-01-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/61041-international-demand-keeps-texas-beef-prices-stable-department-of-animal-science
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Stable export demand and an expected sideways market support cattle values, while the eventual herd decline points to higher prices and stronger feed demand later.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Sources

- animalscience.tamu.edu: https://animalscience.tamu.edu/department-updates/international-demand-keeps-texas-beef-prices-stable/

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