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USDA's July Cattle on Feed report showed feedlot inventories of 11.1 million head on July 1, 2025, down 2% year over year and the lowest since 1996. June placements of 1.44 million head were 8% below 2024 and the lowest in 16 years.
Low feedlot supplies and sharply reduced placements point to tighter fed cattle and feeder supplies ahead, supporting prices.
drovers.comMichelle RookJul 25, 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.
