# U.S. feedlot inventories mostly neutral

> USDA's Cattle on Feed report showed feedlot inventories of 11.9 million head on Feb. 1, 2020, up 2% year over year and the highest February total since 2008. January placements were 1% below 2019, below trade expectations of a 1.4% increase.

- Date: 2020-02-24 · published 2020-02-24T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/12067-u-s-feedlot-inventories-mostly-neutral
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Large feedlot supplies of market-ready cattle pressure fed cattle prices, though lighter-than-expected placements are mildly supportive.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2019-09-23 | [Feedlot inventories peaking?](https://feedsoft.ai/events/57205-feedlot-inventories-peaking.md) | +2.9% | +2.3% |
| FCATTLE | 2024-12-18 | [Heifers continue to buoy feedlot inventory \| Ag Proud](https://feedsoft.ai/events/27094-heifers-continue-to-buoy-feedlot-inventory-ag-proud.md) | -0.6% | +6.2% |
| FCATTLE | 2018-04-23 | [COF report shows more heifers in feedlots - Brownfield Ag News](https://feedsoft.ai/events/65648-cof-report-shows-more-heifers-in-feedlots-brownfield-ag-news.md) | +3.4% | -3.7% |
| FCATTLE | 2017-07-24 | [Cattle futures hit hard by on feed, inventory numbers - Brownfield Ag News](https://feedsoft.ai/events/70086-cattle-futures-hit-hard-by-on-feed-inventory-numbers-brownfield-ag-news.md) | -4.5% | -8.1% |
| FCATTLE | 2021-05-27 | [USDA reports second largest inventory of cattle on feed since 1996](https://feedsoft.ai/events/4968-usda-reports-second-largest-inventory-of-cattle-on-feed-since-1996.md) | +12.1% | +15.1% |
| LCATTLE | 2019-05-26 | [Cattle on Feed Report Mostly Market Friendly \| Red River Farm Network](https://feedsoft.ai/events/5755-cattle-on-feed-report-mostly-market-friendly-red-river-farm-network.md) | -2.4% | -4.6% |
| LCATTLE | 2026-05-28 | [Placements of Cattle on Feed up 6% \| Industry News \| feedlotmagazine.com](https://feedsoft.ai/events/19413-placements-of-cattle-on-feed-up-6-industry-news-feedlotmagazine-com.md) | -1.7% | +1.0% |
| LCATTLE | 2026-05-25 | [Feeder cattle futures sink on surprise feedlot data - CME
						 \| The Cattle Site](https://feedsoft.ai/events/19409-feeder-cattle-futures-sink-on-surprise-feedlot-data-cme-the-cattle-site.md) | -0.7% | +0.7% |

## Sources

- feedstuffs.com: https://www.feedstuffs.com/market-news/u-s-feedlot-inventories-mostly-neutral

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