# Competitor watch: Is the US nearing the top of its beef production cycle? - Beef Central

> Steiner Consulting expects US beef production to keep growing over the next two years on an expanding beef cow herd, good pastures and ample feed. It sees US cattle slaughter rising 3.1% in 2018 and 2% in 2019, while Australian slaughter is forecast to recover from 20-year lows after drought liquidation.

- Date: 2017-11-20 · published 2017-11-20T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/67922-competitor-watch-is-the-us-nearing-the-top-of-its-beef-production-cycle-beef
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A growing US beef supply and rising slaughter point to softer US cattle prices if exports do not absorb the extra beef. Australian export demand may also shift as US supply expands into Japan and Korea.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2017-02-14 | [US beef production squeezes imports](https://feedsoft.ai/events/72437-us-beef-production-squeezes-imports.md) | +0.8% | +3.1% |
| LCATTLE | 2018-09-25 | [Increasing beef production: What it means for cattle prices](https://feedsoft.ai/events/63190-increasing-beef-production-what-it-means-for-cattle-prices.md) | +0.7% | +0.0% |
| LCATTLE | 2017-09-27 | [U.S. prepared for expanding beef production - Morning Ag Clips](https://feedsoft.ai/events/68905-u-s-prepared-for-expanding-beef-production-morning-ag-clips.md) | +0.2% | +3.6% |
| LCATTLE | 2023-12-04 | [USDA increases beef production forecasts - Grainews](https://feedsoft.ai/events/32852-usda-increases-beef-production-forecasts-grainews.md) | -1.8% | -0.5% |
| LCATTLE | 2022-04-25 | [Beef production continues to be down in 2022 - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/41788-beef-production-continues-to-be-down-in-2022-progressive-cattle-ag-proud.md) | +0.5% | -3.4% |
| FCATTLE | 2017-02-14 | [US beef production squeezes imports](https://feedsoft.ai/events/72437-us-beef-production-squeezes-imports.md) | +2.2% | +4.9% |
| FCATTLE | 2018-09-25 | [Increasing beef production: What it means for cattle prices](https://feedsoft.ai/events/63190-increasing-beef-production-what-it-means-for-cattle-prices.md) | +1.4% | -0.5% |
| FCATTLE | 2017-09-27 | [U.S. prepared for expanding beef production - Morning Ag Clips](https://feedsoft.ai/events/68905-u-s-prepared-for-expanding-beef-production-morning-ag-clips.md) | +1.2% | +3.0% |

## Sources

- beefcentral.com: https://www.beefcentral.com/trade/competitor-watch-is-the-us-nearing-the-top-of-its-beef-production-cycle/

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