# Cattle supply remains tight; market rallies | Livestock | farmweeknow.com

> USDA put cattle and calves on feed at 11.2 million head as of September 1, up 1% from a year ago. Accumulated January-August slaughter totaled 21.3 million head, down 3.6%, and commercial beef production fell 0.6%.

- Date: 2024-09-22 · published 2024-09-22T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/28432-cattle-supply-remains-tight-market-rallies-livestock-farmweeknow-com
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Tight slaughter supplies and lower beef output support cattle prices, though larger feedlot inventories limit the upside.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2022-11-18 | [Estimates suggest tighter cattle supply, higher prices \| Livestock \| farmweeknow.com](https://feedsoft.ai/events/38609-estimates-suggest-tighter-cattle-supply-higher-prices-livestock-farmweeknow-com.md) | +0.2% | +1.8% |
| LCATTLE | 2023-01-27 | [Livestock market outlook overview \| TSLN.com](https://feedsoft.ai/events/37924-livestock-market-outlook-overview-tsln-com.md) | +0.9% | +4.6% |
| LCATTLE | 2018-11-21 | [U.S. livestock: Cattle futures rally after bullish USDA data - Grainews](https://feedsoft.ai/events/62167-u-s-livestock-cattle-futures-rally-after-bullish-usda-data-grainews.md) | +1.5% | +4.2% |
| LCATTLE | 2021-11-24 | [November cattle market update, Cattle on Feed report \| Western Livestock Journal](https://feedsoft.ai/events/12781-november-cattle-market-update-cattle-on-feed-report-western-livestock-journal.md) | +2.1% | +1.7% |
| LCATTLE | 2024-06-28 | [Heavy cattle weights mostly offset tight cattle supplies \| Ag Proud](https://feedsoft.ai/events/29895-heavy-cattle-weights-mostly-offset-tight-cattle-supplies-ag-proud.md) | -1.8% | -1.7% |
| FCATTLE | 2020-03-20 | [Market confusion overshadows cattle report \| Livestock \| farmweeknow.com](https://feedsoft.ai/events/54266-market-confusion-overshadows-cattle-report-livestock-farmweeknow-com.md) | +11.7% | +2.1% |
| FCATTLE | 2016-08-26 | [Eastern Cornbelt Direct Feeder Cattle - 8/26/16 \| Livestock Market Reports \| lancasterfarming.com](https://feedsoft.ai/events/9396-eastern-cornbelt-direct-feeder-cattle-8-26-16-livestock-market-reports.md) | -6.4% | -6.7% |
| FCATTLE | 2017-06-23 | [U.S. livestock: CME live cattle rally before USDA report - Country Guide](https://feedsoft.ai/events/70627-u-s-livestock-cme-live-cattle-rally-before-usda-report-country-guide.md) | +2.6% | +6.6% |

## Sources

- farmweeknow.com: https://www.farmweeknow.com/livestock/cattle-supply-remains-tight-market-rallies/article_162b1fc6-7789-11ef-84af-93647e0bc133.html

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