# Replacement Heifer and Cattle on Feed Trends Affecting Markets - AG INFORMATION NETWORK OF THE WEST

> Brian Irey of Crossroads Co-Op says US beef cow herd is down over 700,000 head year on year, with heifers retained revised lower to 4.930 million head. Cattle on feed rose 1.6% from a year ago as dry weather pushed cattle into feedlots early. He expects feeder supplies to tighten from April through June.

- Date: 2024-02-14 · published 2024-02-14T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/31815-replacement-heifer-and-cattle-on-feed-trends-affecting-markets-ag-information
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Tighter feeder supplies ahead point to reduced feedlot placements and lower future feed demand, though the tightness supports cattle prices. Sustained cattle herd contraction is a supportive long-run factor for cattle and corn demand.

## Read by commodity

- CORN: bearish ▼
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2021-10-26 | [New Cattle Feedlot Report Points to Shrinking Beef Cattle Herd - AG INFORMATION NETWORK OF THE WEST](https://feedsoft.ai/events/44700-new-cattle-feedlot-report-points-to-shrinking-beef-cattle-herd-ag-information.md) | -0.8% | +3.9% |
| FCATTLE | 2024-08-01 | [Growing on-feed inventory, lower placements and no sign of heifer retention](https://feedsoft.ai/events/29412-growing-on-feed-inventory-lower-placements-and-no-sign-of-heifer-retention.md) | -5.7% | -5.3% |
| FCATTLE | 2025-01-28 | [Ongoing shortfall of replacement cattle spurs feedlots to hold on to their inventory \| The National Provisioner](https://feedsoft.ai/events/26638-ongoing-shortfall-of-replacement-cattle-spurs-feedlots-to-hold-on-to-their.md) | -3.3% | -2.0% |
| FCATTLE | 2022-05-25 | [Cattle Supply and Demand Issues for the 2022 Marketing Year - Northern Ag Network](https://feedsoft.ai/events/5073-cattle-supply-and-demand-issues-for-the-2022-marketing-year-northern-ag-network.md) | +9.9% | +13.2% |
| FCATTLE | 2017-11-20 | [Cattle on Feed Continues Strong Placements \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/68133-cattle-on-feed-continues-strong-placements-farm-bureau-intel-markets-american.md) | +1.8% | -2.7% |
| LCATTLE | 2021-10-26 | [New Cattle Feedlot Report Points to Shrinking Beef Cattle Herd - AG INFORMATION NETWORK OF THE WEST](https://feedsoft.ai/events/44700-new-cattle-feedlot-report-points-to-shrinking-beef-cattle-herd-ag-information.md) | +2.3% | +7.3% |
| LCATTLE | 2019-03-18 | [Conaway Optimistic and WASDE Milk Forecast - AG INFORMATION NETWORK OF THE WEST](https://feedsoft.ai/events/60253-conaway-optimistic-and-wasde-milk-forecast-ag-information-network-of-the-west.md) | -0.2% | -2.1% |
| LCATTLE | 2024-08-01 | [Growing on-feed inventory, lower placements and no sign of heifer retention](https://feedsoft.ai/events/29412-growing-on-feed-inventory-lower-placements-and-no-sign-of-heifer-retention.md) | -1.5% | -3.4% |

## Sources

- aginfo.net: https://www.aginfo.net/report/58880/Line-on-Agriculture/Replacement-Heifer-and-Cattle-on-Feed-Trends-Affecting-Markets

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