# National Feeder Cattle Weekly Review 4/29/16 | Livestock Market Reports | lancasterfarming.com

> Feeder steers and heifers traded mostly $5-$10 lower through the week after futures weakened sharply on Thursday. The USDA Cattle on Feed report showed April 1 inventory up 0.5% year over year at 10.85 million head, with placements lighter than expected and marketings higher. Cold storage beef stocks were down from last year and slightly below the five-year average.

- Date: 2016-04-29 · published 2016-04-29T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/11611-national-feeder-cattle-weekly-review-4-29-16-livestock-market-reports
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Lighter placements and higher marketings tighten the feeder supply outlook, but weak fed cattle futures and poor feedlot profit prospects keep feeder demand subdued. The mixed report leaves the bearish price trend largely intact.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2021-04-09 | [Rising feed prices impact cattle markets \| Western Livestock Journal](https://feedsoft.ai/events/47743-rising-feed-prices-impact-cattle-markets-western-livestock-journal.md) | -4.8% | -11.3% |
| FCATTLE | 2019-01-08 | [Beef cattle market: 2018 in review and a look ahead \| Western Livestock Journal](https://feedsoft.ai/events/61217-beef-cattle-market-2018-in-review-and-a-look-ahead-western-livestock-journal.md) | -0.8% | -1.5% |
| FCATTLE | 2020-10-02 | [Cattle on Feed report pushes feeders south \| Western Livestock Journal](https://feedsoft.ai/events/50773-cattle-on-feed-report-pushes-feeders-south-western-livestock-journal.md) | -2.0% | -3.2% |
| FCATTLE | 2019-11-22 | [National feeder and stocker cattle report \| Capital Press](https://feedsoft.ai/events/7039-national-feeder-and-stocker-cattle-report-capital-press.md) | -2.2% | -0.9% |
| FCATTLE | 2021-05-28 | [National feeder and stocker cattle report \| Capital Press](https://feedsoft.ai/events/47235-national-feeder-and-stocker-cattle-report-capital-press.md) | +10.0% | +17.1% |
| LCATTLE | 2021-04-09 | [Rising feed prices impact cattle markets \| Western Livestock Journal](https://feedsoft.ai/events/47743-rising-feed-prices-impact-cattle-markets-western-livestock-journal.md) | +0.6% | -3.2% |
| LCATTLE | 2019-01-08 | [Beef cattle market: 2018 in review and a look ahead \| Western Livestock Journal](https://feedsoft.ai/events/61217-beef-cattle-market-2018-in-review-and-a-look-ahead-western-livestock-journal.md) | +1.4% | +1.6% |
| LCATTLE | 2020-03-13 | [National feeder and stocker cattle report \| Capital Press](https://feedsoft.ai/events/9943-national-feeder-and-stocker-cattle-report-capital-press.md) | -4.4% | -4.0% |

## Sources

- lancasterfarming.com: https://www.lancasterfarming.com/market-reports/livestock/national-feeder-cattle-weekly-review-4-29-16/article_dde20d6d-e9db-545d-a297-102a30a2dc96.html

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