# USDA Reports Rising Cattle Feedlot Placements

> The USDA's Cattle on Feed report showed October feedlot placements up 5% year over year despite tight cattle inventories. USDA analysts said 750-800 lb feeder steers averaged about $254/cwt, roughly 4% above last year. Strong feeder prices and beef demand are encouraging producers to move cattle into feedlots.

- Date: 2024-11-26 · published 2024-11-26T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/27556-usda-reports-rising-cattle-feedlot-placements
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Heavy placements keep feeder supplies moving into the feedlot pipeline, which supports corn and feed demand. Tight inventories and firm feeder prices point to continued strength in cattle values.

## Read by commodity

- CORN: bullish ▲
- FCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2026-09-22 | [Cattle futures surge on weak feedlot placements - CME
						 \| The Cattle Site](https://feedsoft.ai/events/17615-cattle-futures-surge-on-weak-feedlot-placements-cme-the-cattle-site.md) | -1.7% | +2.1% |
| FCATTLE | 2020-07-29 | [Few surprises in the USDA cattle reports \| AGDAILY](https://feedsoft.ai/events/52056-few-surprises-in-the-usda-cattle-reports-agdaily.md) | +2.8% | +1.1% |
| FCATTLE | 2026-10-23 | [Cattle Ticking Higher Ahead of USDA Report](https://feedsoft.ai/events/590-cattle-ticking-higher-ahead-of-usda-report.md) | +0.8% | — |
| FCATTLE | 2018-12-04 | [Gates close on cattle entering feedlots](https://feedsoft.ai/events/61711-gates-close-on-cattle-entering-feedlots.md) | +1.9% | +1.4% |
| FCATTLE | 2025-02-05 | [Cattle Inventory Report \| Industry News \| feedlotmagazine.com](https://feedsoft.ai/events/25984-cattle-inventory-report-industry-news-feedlotmagazine-com.md) | -1.3% | +2.9% |
| CORN | 2017-07-26 | [Feedlot profits drive large placements \| Capital Press](https://feedsoft.ai/events/70103-feedlot-profits-drive-large-placements-capital-press.md) | -1.0% | -5.5% |
| CORN | 2017-02-09 | [USDA Reports Flash](https://feedsoft.ai/events/72446-usda-reports-flash.md) | +1.2% | -0.8% |
| CORN | 2018-04-10 | [USDA Reports Flash](https://feedsoft.ai/events/65481-usda-reports-flash.md) | -0.6% | +2.5% |

## Sources

- pnwag.net: https://pnwag.net/usda-reports-rising-cattle-feedlot-placements/

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