# How 2023 Bullish Cattle Market Differs From 2014-15 Rally

> DTN analyst ShayLe Stewart compares the 2023 cattle rally with the 2014-15 rally, citing the January Cattle Inventory report showing the beef cowherd at 28.9 million head, below the 2014 record low. The analysis notes fewer feeder cattle available for feedlots and stronger demand than in 2014-15. It also says the market is more exposed to outside pressures.

- Date: 2023-05-01 · published 2023-05-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6119-how-2023-bullish-cattle-market-differs-from-2014-15-rally
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A record-low beef cowherd means fewer feeder cattle will be available, which supports feeder and fed cattle prices. Greater exposure to outside pressures could make prices more volatile.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/livestock/article/2023/04/12/2023-bullish-cattle-market-differs

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