# StoneX's Arlan Suderman Analyzes USDA's Cattle Market Shift | StoneX US

> USDA's Cattle on Feed report showed March placements down 12% year over year, well below the expected 7% decline, reducing future market-ready cattle supplies in a herd at its smallest in over 70 years. Higher-than-expected slaughter also lifted CME June live cattle and May feeder cattle futures.

- Date: 2024-04-28 · published 2024-04-28T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/30864-stonex-s-arlan-suderman-analyzes-usda-s-cattle-market-shift-stonex-us
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A tighter-than-expected placement report signals smaller future cattle supplies, supporting live and feeder cattle prices.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2022-06-01 | [Cattle Supply and Demand Issues for the 2022 Marketing Year](https://feedsoft.ai/events/41547-cattle-supply-and-demand-issues-for-the-2022-marketing-year.md) | +0.9% | +4.2% |
| LCATTLE | 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) | +1.4% | +7.1% |
| 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 | 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 | 2024-04-01 | [US cattle prices raised on firm demand - USDA
						 \| The Cattle Site](https://feedsoft.ai/events/30874-us-cattle-prices-raised-on-firm-demand-usda-the-cattle-site.md) | -2.2% | -1.9% |
| FCATTLE | 2022-06-01 | [Cattle Supply and Demand Issues for the 2022 Marketing Year](https://feedsoft.ai/events/41547-cattle-supply-and-demand-issues-for-the-2022-marketing-year.md) | +4.4% | +3.4% |
| FCATTLE | 2023-03-30 | [Feed grain outlook lifts feeder cattle market - Grainews](https://feedsoft.ai/events/5599-feed-grain-outlook-lifts-feeder-cattle-market-grainews.md) | +3.3% | +5.9% |
| 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% |

## Sources

- stonex.com: https://www.stonex.com/en-us/media-room/in-the-news/2024-04-28-cattle-usda-report/

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