# Beef prices fall

> New Zealand analysts expect a wave of US beef production to reach the market over the coming months and pressure import prices. US prices for imported beef have already dropped about 5 US cents per pound in a week. Australian dry conditions have pushed production higher, and exporters are accepting lower US pricing.

- Date: 2017-08-17 · published 2017-08-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/69404-beef-prices-fall
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Rising US beef supply cuts demand for imported beef, which weakens export returns and may pressure US cattle prices. This is routine price commentary with limited new cause.

## Read by commodity

- LCATTLE: bearish ▼

## Sources

- farmersweekly.co.nz: https://www.farmersweekly.co.nz/news/beef-prices-fall/

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