# Cattle Markets Just Hit Record Highs. Is More Price Upside Likely?

> Live and feeder cattle futures and cash cattle prices set record highs, with the USDA reporting a 10th straight weekly rise in average cash prices. The USDA cattle-on-feed report showed 11.823 million head in large feedlots on Jan. 1, down 107,000 head year over year and below analyst expectations. Placements fell 3.3% in December.

- Date: 2025-01-29 · published 2025-01-29T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/11094-cattle-markets-just-hit-record-highs-is-more-price-upside-likely
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Fewer cattle on feed than expected confirms tight fed supplies, which supports cattle prices and keeps feedlot demand for feed firm.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2023-05-11 | [Fed, feeder cattle prices in record-high range - Canadian Cattlemen](https://feedsoft.ai/events/35881-fed-feeder-cattle-prices-in-record-high-range-canadian-cattlemen.md) | +0.6% | +7.2% |
| LCATTLE | 2025-05-23 | [Import restrictions will weigh on cattle markets - High Plains Journal](https://feedsoft.ai/events/24820-import-restrictions-will-weigh-on-cattle-markets-high-plains-journal.md) | +0.1% | +4.5% |
| LCATTLE | 2026-02-17 | [America's cattle herd hits smallest level since 1950s, pushing beef prices to record highs - Los Angeles Times](https://feedsoft.ai/events/20727-america-s-cattle-herd-hits-smallest-level-since-1950s-pushing-beef-prices-to.md) | +0.7% | -4.2% |
| LCATTLE | 2022-08-09 | [Shrinking U.S. cattle herd signals more pain from high beef prices](https://feedsoft.ai/events/39969-shrinking-u-s-cattle-herd-signals-more-pain-from-high-beef-prices.md) | +1.8% | +3.0% |
| LCATTLE | 2025-04-24 | [Fischer: Prices For Cattle Remain High](https://feedsoft.ai/events/25264-fischer-prices-for-cattle-remain-high.md) | +1.8% | +3.8% |
| FCATTLE | 2023-05-11 | [Fed, feeder cattle prices in record-high range - Canadian Cattlemen](https://feedsoft.ai/events/35881-fed-feeder-cattle-prices-in-record-high-range-canadian-cattlemen.md) | -0.4% | +16.2% |
| FCATTLE | 2025-05-23 | [Import restrictions will weigh on cattle markets - High Plains Journal](https://feedsoft.ai/events/24820-import-restrictions-will-weigh-on-cattle-markets-high-plains-journal.md) | +1.2% | +2.5% |
| FCATTLE | 2026-02-17 | [America's cattle herd hits smallest level since 1950s, pushing beef prices to record highs - Los Angeles Times](https://feedsoft.ai/events/20727-america-s-cattle-herd-hits-smallest-level-since-1950s-pushing-beef-prices-to.md) | -0.5% | -2.9% |

## Sources

- barchart.com: https://www.barchart.com/story/news/30669197/cattle-markets-just-hit-record-highs-is-more-price-upside-likely

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