# U.S. cattle slump and tariffs on Australia keep beef prices high in South Korea

> U.S. cattle numbers have fallen to a 75-year low, prompting some meatpackers to close slaughterhouses and tightening beef supply. Despite a 0% tariff on U.S. beef in South Korea under the free trade agreement and a stronger won, retail prices for U.S. chuck eye roll in Korea rose 8-17% from early January.

- Date: 2026-11-12 · published 2026-11-13T00:15:06.436Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/96730-u-s-cattle-slump-and-tariffs-on-australia-keep-beef-prices-high-in-south-korea
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Tight U.S. cattle supplies and plant closures keep beef prices elevated, supporting live and feeder cattle values and limiting cheaper beef alternatives for importers. Reduced slaughter also lowers byproduct availability for feed markets.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- biz.chosun.com: https://biz.chosun.com/en/en-retail/2026/11/13/K72I2QVL7VE75OWJOCYVIJQIXY/

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