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Large feedlots placed 1.642 million head on feed in December 2024, down 3.3% year over year and the lowest December since 2015. Texas placements fell 23%, and analysts attribute part of the decline to the suspension of Mexican feeder imports.
Persistently low placements signal tight feeder supplies ahead, which keeps feeder and fed cattle prices firm and supports feed demand from feedlots at reduced volumes.
provisioneronline.comAltin KaloJan 28, 2025After 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.
After 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 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.
