# Feeder prices climb on tight supply

> Analyst Jerry Klassen reviews the US feeder cattle picture for Q2 2026, noting cattle on feed 180+ days were up 593,000 head year over year as of April 1. Feedlots held back fed cattle on bullish expectations, and lower feeder supplies cut placements year over year.

- Date: 2026-06-02 · published 2026-06-02T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/18949-feeder-prices-climb-on-tight-supply
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Lower feeder supply and holding back of fed cattle support higher cattle prices and reduce feeder demand for feed rations.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2025-08-13 | [Beef futures climb on tight supply, USDA output cuts - CME
						 \| The Beef Site](https://feedsoft.ai/events/23464-beef-futures-climb-on-tight-supply-usda-output-cuts-cme-the-beef-site.md) | +1.5% | +2.3% |
| FCATTLE | 2026-01-23 | [Cattle-on-Feed Report Shows Tighter Supply Ahead - RFD](https://feedsoft.ai/events/21189-cattle-on-feed-report-shows-tighter-supply-ahead-rfd.md) | +1.5% | +1.2% |
| FCATTLE | 2022-11-18 | [Estimates suggest tighter cattle supply, higher prices \| Livestock \| farmweeknow.com](https://feedsoft.ai/events/38609-estimates-suggest-tighter-cattle-supply-higher-prices-livestock-farmweeknow-com.md) | +1.4% | +4.5% |
| FCATTLE | 2026-07-20 | [USDA Outlook Highlights Tight Cattle Supplies and Strong Beef Prices](https://feedsoft.ai/events/18489-usda-outlook-highlights-tight-cattle-supplies-and-strong-beef-prices.md) | -0.2% | -1.5% |
| FCATTLE | 2024-02-16 | [Tight Supplies Expected to Boost Cattle and Hog Prices in 2024](https://feedsoft.ai/events/31615-tight-supplies-expected-to-boost-cattle-and-hog-prices-in-2024.md) | +3.0% | +0.9% |
| LCATTLE | 2025-08-13 | [Beef futures climb on tight supply, USDA output cuts - CME
						 \| The Beef Site](https://feedsoft.ai/events/23464-beef-futures-climb-on-tight-supply-usda-output-cuts-cme-the-beef-site.md) | +0.1% | -1.1% |
| LCATTLE | 2026-01-23 | [Cattle-on-Feed Report Shows Tighter Supply Ahead - RFD](https://feedsoft.ai/events/21189-cattle-on-feed-report-shows-tighter-supply-ahead-rfd.md) | +1.1% | +6.1% |
| LCATTLE | 2022-11-18 | [Estimates suggest tighter cattle supply, higher prices \| Livestock \| farmweeknow.com](https://feedsoft.ai/events/38609-estimates-suggest-tighter-cattle-supply-higher-prices-livestock-farmweeknow-com.md) | +0.2% | +1.8% |

## Sources

- canadiancattlemen.ca: https://www.canadiancattlemen.ca/market-talk/us-cattle-supply-outlook-fed-prices-q2-2026/

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