# Peel: Cattle on Feed numbers on consistent downward path | Southwest Ledger

> Oklahoma State economist Derrell Peel said the May Cattle on Feed report showed April placements at 97.4% and marketings at 97.5% of last year. The on-feed total on May 1 was 1.5% below a year earlier, in line with pre-report estimates.

- Date: 2025-05-28 · published 2025-05-28T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/24821-peel-cattle-on-feed-numbers-on-consistent-downward-path-southwest-ledger
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A steady year-over-year decline in on-feed numbers tightens fed cattle supply and supports live cattle prices. Because the report matched expectations, the market reaction is likely limited.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2020-10-02 | [Cattle on Feed report pushes feeders south \| Western Livestock Journal](https://feedsoft.ai/events/50773-cattle-on-feed-report-pushes-feeders-south-western-livestock-journal.md) | +1.5% | -1.0% |
| LCATTLE | 2017-11-29 | [Cattle on Feed \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/68120-cattle-on-feed-ohio-beef-cattle-letter.md) | -0.7% | +1.2% |
| LCATTLE | 2019-01-01 | [Cattle Feeders Place More Heifers on Feed](https://feedsoft.ai/events/61233-cattle-feeders-place-more-heifers-on-feed.md) | +0.2% | +1.0% |
| LCATTLE | 2019-10-31 | [Cattle Feeders Place More Heifers on Feed - Center for Commercial Agriculture](https://feedsoft.ai/events/56728-cattle-feeders-place-more-heifers-on-feed-center-for-commercial-agriculture.md) | +3.8% | +6.2% |
| LCATTLE | 2018-05-25 | [‘Cattle on Feed’ report in line with expectations](https://feedsoft.ai/events/11034-cattle-on-feed-report-in-line-with-expectations.md) | -1.8% | +0.5% |
| FCATTLE | 2017-11-29 | [Cattle on Feed \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/68120-cattle-on-feed-ohio-beef-cattle-letter.md) | -4.3% | -6.0% |
| FCATTLE | 2019-01-01 | [Cattle Feeders Place More Heifers on Feed](https://feedsoft.ai/events/61233-cattle-feeders-place-more-heifers-on-feed.md) | -0.8% | -4.4% |
| FCATTLE | 2024-09-25 | [September Cattle on Feed \| Industry News \| feedlotmagazine.com](https://feedsoft.ai/events/28444-september-cattle-on-feed-industry-news-feedlotmagazine-com.md) | +0.5% | +1.8% |

## Sources

- southwestledger.news: https://www.southwestledger.news/news/peel-cattle-feed-numbers-consistent-downward-path

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