# CattleFax: Large supply and strong demand in 2018

> CattleFax analysts forecast a profitable 2018 for cattle producers, with U.S. beef production rising about 3 percent to 27.5 billion pounds. The beef cow herd grew 2.8 million head over four years and is expected to add more, with growing supplies of all proteins expected.

- Date: 2018-02-02 · published 2018-02-02T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/66626-cattlefax-large-supply-and-strong-demand-in-2018
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Expanding beef and total protein output points to heavier competition and lower prices, though strong demand and a rising cattle herd keep feeder demand for feed firm.

## Read by commodity

- CHICKEN: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2018-06-27 | [Beef Supply and Demand Challenges Continue \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/64472-beef-supply-and-demand-challenges-continue-ohio-beef-cattle-letter.md) | -0.6% | +3.2% |
| LCATTLE | 2024-03-27 | [Fed cattle supplies remain larger than a year ago \| Ag Proud](https://feedsoft.ai/events/31322-fed-cattle-supplies-remain-larger-than-a-year-ago-ag-proud.md) | -0.9% | -2.1% |
| LCATTLE | 2017-12-20 | [Big beef supply is a given, so watch demand](https://feedsoft.ai/events/67600-big-beef-supply-is-a-given-so-watch-demand.md) | +0.7% | -0.7% |
| LCATTLE | 2018-06-08 | [Projecting feeder cattle prices in 2018](https://feedsoft.ai/events/64683-projecting-feeder-cattle-prices-in-2018.md) | +0.8% | -2.6% |
| LCATTLE | 2020-02-25 | [Pace of slaughter stays strong in fourth-quarter 2019 - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/54547-pace-of-slaughter-stays-strong-in-fourth-quarter-2019-progressive-cattle-ag.md) | -5.0% | -10.7% |

## Sources

- feedstuffs.com: https://www.feedstuffs.com/market-news/cattlefax-large-supply-strong-demand-expected-in-2018

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