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USDA reported 1.617 million cattle placed in US feedlots in August, down 9% year on year and the lowest August total since 1996, against an expected 3.3% decline. CME live and feeder futures rallied on Monday, with October feeders up 6.75 cents.
Placements well below expectations signal tighter feeder supplies ahead, supporting cattle futures and feeder prices.
thecattlesite.comMelanie EppSep 22, 2026After 268 past bullish report events, Live Cattle moved a median +0.3% over 5 sessions (58% higher; middle half -0.7% to +1.4%), and +1.7% over 20.
After 227 past bullish report events, Feeder Cattle moved a median +0.4% over 5 sessions (57% higher; middle half -1.2% to +1.5%), and +1.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
