# Fed cattle supplies remain larger than a year ago | Ag Proud

> USDA ERS economists report the February 1 feedlot inventory was 11.797 million head, slightly above last year, while January placements fell nearly 9% year over year. Fed cattle slaughter has slowed, accumulating market-ready supplies in feedlots.

- Date: 2024-03-27 · published 2024-03-27T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/31322-fed-cattle-supplies-remain-larger-than-a-year-ago-ag-proud
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Larger feedlot supplies and slower slaughter can pressure near-term fed cattle prices, while sharply lower placements point to reduced feed demand later in 2024.

## Read by commodity

- CORN: bearish ▼
- LCATTLE: bearish ▼
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2020-10-16 | [January-August 2020 Live Cattle Imports Larger Than in Same Period Last Year, Hog Imports Flat](https://feedsoft.ai/events/50585-january-august-2020-live-cattle-imports-larger-than-in-same-period-last-year.md) | -2.4% | +1.0% |
| LCATTLE | 2017-11-14 | [This Week: With More Corn, More Cattle Supplies Ahead - Hi-Pro Feeds](https://feedsoft.ai/events/6096-this-week-with-more-corn-more-cattle-supplies-ahead-hi-pro-feeds.md) | -2.8% | -4.0% |
| LCATTLE | 2022-09-23 | [Higher fed cattle marketings to lift 2023 production \| Ag Proud](https://feedsoft.ai/events/39727-higher-fed-cattle-marketings-to-lift-2023-production-ag-proud.md) | +0.4% | +3.0% |
| LCATTLE | 2017-05-29 | [Larger feedlot supply will be on the fed market later this year - Brownfield Ag News](https://feedsoft.ai/events/71130-larger-feedlot-supply-will-be-on-the-fed-market-later-this-year-brownfield-ag.md) | +2.2% | -3.0% |
| LCATTLE | 2016-12-23 | [Cattle prices declined in October - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/73417-cattle-prices-declined-in-october-progressive-cattle-ag-proud.md) | +3.7% | +6.4% |
| CORN | 2017-11-14 | [This Week: With More Corn, More Cattle Supplies Ahead - Hi-Pro Feeds](https://feedsoft.ai/events/6096-this-week-with-more-corn-more-cattle-supplies-ahead-hi-pro-feeds.md) | +0.2% | +3.1% |
| CORN | 2026-02-16 | [Terrain Projects Large Grain Supplies and Tighter Margins Ahead - RFD](https://feedsoft.ai/events/20654-terrain-projects-large-grain-supplies-and-tighter-margins-ahead-rfd.md) | -0.8% | +4.3% |
| CORN | 2021-11-08 | [WASDE Preview: Watch for larger U.S. corn, soy supplies](https://feedsoft.ai/events/44071-wasde-preview-watch-for-larger-u-s-corn-soy-supplies.md) | +5.9% | +8.0% |

## Sources

- agproud.com: https://www.agproud.com/articles/59360-fed-cattle-supplies-remain-larger-than-a-year-ago

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