# Heavy cattle weights mostly offset tight cattle supplies | Ag Proud

> USDA ERS notes that carcass weights for steers and heifers are at record highs for the season, 37 and 29 pounds above a year ago. The May 1 cattle on feed inventory was 11.554 million head, about 1% below last year, and cattle on feed over 150 days was the highest since 2012.

- Date: 2024-06-28 · published 2024-06-28T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/29895-heavy-cattle-weights-mostly-offset-tight-cattle-supplies-ag-proud
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Heavier carcasses partly offset fewer head slaughtered, but long feeding periods tighten near-term cattle supply and support fed cattle prices.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2024-09-22 | [Cattle supply remains tight; market rallies \| Livestock \| farmweeknow.com](https://feedsoft.ai/events/28432-cattle-supply-remains-tight-market-rallies-livestock-farmweeknow-com.md) | +0.9% | +1.4% |
| FCATTLE | 2021-04-23 | [Higher cow slaughter and shift in fed cattle slaughter \| Ag Proud](https://feedsoft.ai/events/47537-higher-cow-slaughter-and-shift-in-fed-cattle-slaughter-ag-proud.md) | +1.7% | +2.6% |
| FCATTLE | 2023-12-28 | [Real feeder cattle prices lag \| Ag Proud](https://feedsoft.ai/events/32847-real-feeder-cattle-prices-lag-ag-proud.md) | +0.1% | +6.8% |
| FCATTLE | 2022-04-01 | [Corn Costs and Cattle Placement Weights \| UNL Beef \| Nebraska](https://feedsoft.ai/events/7627-corn-costs-and-cattle-placement-weights-unl-beef-nebraska.md) | +0.3% | +0.3% |
| FCATTLE | 2017-08-24 | [Cattle available for slaughter give meatpackers options - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/69613-cattle-available-for-slaughter-give-meatpackers-options-progressive-cattle-ag.md) | +0.9% | +8.2% |
| LCATTLE | 2026-07-20 | [USDA Outlook Highlights Tight Cattle Supplies and Strong Beef Prices](https://feedsoft.ai/events/18489-usda-outlook-highlights-tight-cattle-supplies-and-strong-beef-prices.md) | -1.4% | -2.8% |
| LCATTLE | 2024-02-16 | [Tight Supplies Expected to Boost Cattle and Hog Prices in 2024](https://feedsoft.ai/events/31615-tight-supplies-expected-to-boost-cattle-and-hog-prices-in-2024.md) | -0.2% | +2.1% |
| LCATTLE | 2023-04-12 | [Fed Cattle Supplies](https://feedsoft.ai/events/36532-fed-cattle-supplies.md) | +3.3% | -2.2% |

## Sources

- agproud.com: https://www.agproud.com/articles/59900-heavy-cattle-weights-mostly-offset-tight-cattle-supplies

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