# Cow-Calf Corner: November cattle market update - Texas & Southwestern Cattle Raisers Association

> The USDA-NASS November Cattle on Feed report showed October placements at 102.4% of last year and marketings at 95.5%. The November 1 on-feed inventory was 11.948 million head, 99.8% of last year. Fed steer and heifer prices were $134-135/cwt, with packers actively seeking cattle.

- Date: 2021-11-22 · published 2021-11-22T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/12784-cow-calf-corner-november-cattle-market-update-texas-and-southwestern-cattle
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Tightening feedlot supplies and strong fed prices support cattle values, while higher feedlot cost of gain pressures feeder margins.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2021-08-23 | [Cow-Calf Corner: Cattle market optimism builds towards the fourth quarter; heat stress in cattle; beef quality assurance program injection site guidelines - Texas & Southwestern Cattle Raisers Association](https://feedsoft.ai/events/45519-cow-calf-corner-cattle-market-optimism-builds-towards-the-fourth-quarter-heat.md) | -0.0% | +0.0% |
| LCATTLE | 2021-11-24 | [November cattle market update, Cattle on Feed report \| Western Livestock Journal](https://feedsoft.ai/events/12781-november-cattle-market-update-cattle-on-feed-report-western-livestock-journal.md) | +2.1% | +1.7% |
| LCATTLE | 2019-08-21 | [Kentucky Beef Cattle Market Update \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/57532-kentucky-beef-cattle-market-update-ohio-beef-cattle-letter.md) | +1.6% | -4.3% |
| LCATTLE | 2026-02-25 | [Cattle Market Pushes Higher and Cattle on Feed Update \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/20740-cattle-market-pushes-higher-and-cattle-on-feed-update-ohio-beef-cattle-letter.md) | -3.1% | -4.4% |
| LCATTLE | 2023-01-04 | [Cattle Markets in 2023 and Cattle on Feed Update \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/37918-cattle-markets-in-2023-and-cattle-on-feed-update-ohio-beef-cattle-letter.md) | +0.3% | -0.2% |
| FCATTLE | 2021-08-23 | [Cow-Calf Corner: Cattle market optimism builds towards the fourth quarter; heat stress in cattle; beef quality assurance program injection site guidelines - Texas & Southwestern Cattle Raisers Association](https://feedsoft.ai/events/45519-cow-calf-corner-cattle-market-optimism-builds-towards-the-fourth-quarter-heat.md) | +3.5% | -2.5% |
| FCATTLE | 2021-11-24 | [November cattle market update, Cattle on Feed report \| Western Livestock Journal](https://feedsoft.ai/events/12781-november-cattle-market-update-cattle-on-feed-report-western-livestock-journal.md) | +0.9% | -1.6% |
| FCATTLE | 2019-08-21 | [Kentucky Beef Cattle Market Update \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/57532-kentucky-beef-cattle-market-update-ohio-beef-cattle-letter.md) | +1.7% | +2.6% |

## Sources

- tscra.org: https://tscra.org/cow-calf-corner-november-cattle-market-update/

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