# US beef production squeezes imports

> The USDA raised its 2017 US beef import forecast by 15,875 tonnes to 1.24 million tonnes and its export forecast by 34,000 tonnes to 1.23 million tonnes. US beef production is forecast up 3.1 percent in 2017 as the beef cow herd grew 3.5 percent year on year.

- Date: 2017-02-14 · published 2017-02-14T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/72437-us-beef-production-squeezes-imports
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Expanding US beef output and herd size point to weaker US cattle prices and sustained competition in global beef markets, though strong export demand supports the outlook.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2016-12-13 | [US beef glut puts pressure on imports](https://feedsoft.ai/events/73414-us-beef-glut-puts-pressure-on-imports.md) | +1.6% | +6.5% |
| 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 | 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 | 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 | 2017-11-20 | [Competitor watch: Is the US nearing the top of its beef production cycle? - Beef Central](https://feedsoft.ai/events/67922-competitor-watch-is-the-us-nearing-the-top-of-its-beef-production-cycle-beef.md) | -1.1% | -0.8% |
| FCATTLE | 2016-12-13 | [US beef glut puts pressure on imports](https://feedsoft.ai/events/73414-us-beef-glut-puts-pressure-on-imports.md) | +1.8% | +2.7% |
| FCATTLE | 2023-12-04 | [USDA increases beef production forecasts - Grainews](https://feedsoft.ai/events/32852-usda-increases-beef-production-forecasts-grainews.md) | +0.4% | +5.1% |
| 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

- farmersweekly.co.nz: https://www.farmersweekly.co.nz/news/us-beef-production-squeezes-imports/

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