# US mountain of protein has beef nerves on edge | Farm Online | ACT

> US beef and veal exports rose sharply in July, with year-to-date shipments 15% ahead of 2017 and strong gains to South Korea and Japan. Rabobank reports US beef prices have held up despite high production and rising supplies of total protein.

- Date: 2018-09-10 · published 2018-09-10T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/62967-us-mountain-of-protein-has-beef-nerves-on-edge-farm-online-act
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Strong US beef export demand supports US cattle prices, but a large domestic protein supply could push beef prices lower and pressure competing exporters such as Australia.

## Read by commodity

- HOGS: bearish ▼
- CHICKEN: bearish ▼
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2019-02-07 | [Carabeef exports plunge as China tightens border control \| Farm Online \| ACT](https://feedsoft.ai/events/60547-carabeef-exports-plunge-as-china-tightens-border-control-farm-online-act.md) | +0.3% | +2.7% |
| LCATTLE | 2020-08-13 | [Will contrasting cattle and meat prices see US beef back on Australian retail shelves? - Beef Central](https://feedsoft.ai/events/51582-will-contrasting-cattle-and-meat-prices-see-us-beef-back-on-australian-retail.md) | +2.4% | +0.1% |
| LCATTLE | 2024-05-17 | [North American Cattle Groups Advocate for Oversight of Lab-Grown Proteins, Beef Imports - Drovers](https://feedsoft.ai/events/30196-north-american-cattle-groups-advocate-for-oversight-of-lab-grown-proteins-beef.md) | +2.0% | +2.4% |
| LCATTLE | 2022-12-02 | [Weekly global protein digest: HPAI, global dairy market update, Japan-US beef trade
						 \| The Cattle Site](https://feedsoft.ai/events/38174-weekly-global-protein-digest-hpai-global-dairy-market-update-japan-us-beef.md) | -0.1% | +1.8% |
| LCATTLE | 2026-08-24 | [Reopening US border to Mexican cattle not expected to drop beef prices \| AP News](https://feedsoft.ai/events/17843-reopening-us-border-to-mexican-cattle-not-expected-to-drop-beef-prices-ap-news.md) | -1.6% | -2.8% |
| HOGS | 2017-01-31 | [Trump Puts US Food, Farm Companies on Edge Over Mexico Trade](https://feedsoft.ai/events/72499-trump-puts-us-food-farm-companies-on-edge-over-mexico-trade.md) | +4.7% | +5.4% |
| HOGS | 2018-07-17 | [Trade war leaves U.S. with mountain of cheap pork](https://feedsoft.ai/events/5212-trade-war-leaves-u-s-with-mountain-of-cheap-pork.md) | -10.7% | -26.8% |
| HOGS | 2025-04-03 | [Beefed-up tariffs leave global protein markets in a stew](https://feedsoft.ai/events/25246-beefed-up-tariffs-leave-global-protein-markets-in-a-stew.md) | -0.5% | +3.4% |

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/5636123/us-mountain-of-protein-has-beef-nerves-on-edge/

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