# Cattle Trade Led Higher by the Feeders - IBest Media

> Live and feeder cattle traded higher on May 28 after the Cattle on Feed report showed April placements down 5.8% and marketings up 10.1%. Choice boxed beef rose and cash trade was reported near $187 to $193.50.

- Date: 2024-05-28 · published 2024-05-28T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/30403-cattle-trade-led-higher-by-the-feeders-ibest-media
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Slower feeder placements tighten feeder supply and keep cattle prices firm, which supports demand for feed grains used in feedlots.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2026-10-12 | [Feeder cattle hit three-month high on lower corn outlook - CME
						 \| The Cattle Site](https://feedsoft.ai/events/589-feeder-cattle-hit-three-month-high-on-lower-corn-outlook-cme-the-cattle-site.md) | +0.0% | — |
| FCATTLE | 2026-02-25 | [Cattle Market Pushes Higher and Cattle on Feed Update \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/20740-cattle-market-pushes-higher-and-cattle-on-feed-update-ohio-beef-cattle-letter.md) | -2.2% | -1.3% |
| FCATTLE | 2023-05-11 | [Fed, feeder cattle prices in record-high range - Canadian Cattlemen](https://feedsoft.ai/events/35881-fed-feeder-cattle-prices-in-record-high-range-canadian-cattlemen.md) | -0.4% | +16.2% |
| FCATTLE | 2022-11-23 | [Cattle on Feed \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/38815-cattle-on-feed-ohio-beef-cattle-letter.md) | -0.7% | +1.2% |
| FCATTLE | 2025-07-29 | [Feeder Cattle Prices Projected Higher From Last Month \| Feedlot Special \| feedlotmagazine.com](https://feedsoft.ai/events/23917-feeder-cattle-prices-projected-higher-from-last-month-feedlot-special.md) | +0.6% | +8.2% |
| LCATTLE | 2026-02-25 | [Cattle Market Pushes Higher and Cattle on Feed Update \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/20740-cattle-market-pushes-higher-and-cattle-on-feed-update-ohio-beef-cattle-letter.md) | -3.1% | -4.4% |
| LCATTLE | 2023-05-11 | [Fed, feeder cattle prices in record-high range - Canadian Cattlemen](https://feedsoft.ai/events/35881-fed-feeder-cattle-prices-in-record-high-range-canadian-cattlemen.md) | +0.6% | +7.2% |
| LCATTLE | 2022-11-23 | [Cattle on Feed \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/38815-cattle-on-feed-ohio-beef-cattle-letter.md) | +0.8% | +1.7% |

## Sources

- ibestmedia.com: https://www.ibestmedia.com/post/29801.html

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