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USDA's September Cattle on Feed report showed feedlot inventories at 99% of last year and placements down 10% and marketings down 14% in August. Oklahoma State economist Derrell Peel said the figures signal tighter cattle flows through feedlots than the headline numbers suggest.
Sharply lower placements and marketings point to tighter fed and feeder cattle supplies, supporting cattle prices.
oklahomafarmreport.comAimee CarlisleSep 21, 2025After 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.
