# Production slightly lower on slow fed cattle slaughter pace | Ag Proud

> USDA's Cattle on Feed report put the Aug. 1 feedlot inventory at 11.03 million head, over 2% below a year earlier. July placements fell 9% year over year to 1.553 million head and marketings fell about 5% to 1.727 million head, as packers curbed Saturday slaughter.

- Date: 2023-09-27 · published 2023-09-27T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/34246-production-slightly-lower-on-slow-fed-cattle-slaughter-pace-ag-proud
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Tighter feedlot supplies and slower slaughter pace reduce near-term beef output and support fed cattle prices, while the 2023 beef production forecast was trimmed slightly.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2023-04-25 | [Beef production raised on higher fed cattle slaughter \| Ag Proud](https://feedsoft.ai/events/6723-beef-production-raised-on-higher-fed-cattle-slaughter-ag-proud.md) | +3.5% | +2.0% |
| FCATTLE | 2021-01-25 | [Production estimated lower in 2021 on reduced slaughter - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/49287-production-estimated-lower-in-2021-on-reduced-slaughter-progressive-cattle-ag.md) | +0.3% | +1.5% |
| FCATTLE | 2025-04-23 | [Heavier cattle weights more than offset slower pace of slaughter to raise production \| Ag Proud](https://feedsoft.ai/events/11327-heavier-cattle-weights-more-than-offset-slower-pace-of-slaughter-to-raise.md) | +2.5% | +3.2% |
| FCATTLE | 2019-12-24 | [Beef production raised for 2019 on faster pace of slaughter - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/55549-beef-production-raised-for-2019-on-faster-pace-of-slaughter-progressive-cattle.md) | +1.3% | -0.5% |
| FCATTLE | 2019-10-24 | [Beef production reduced for 2019 on decreased slaughter - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/56699-beef-production-reduced-for-2019-on-decreased-slaughter-progressive-cattle-ag.md) | +0.7% | +1.1% |
| LCATTLE | 2023-04-25 | [Beef production raised on higher fed cattle slaughter \| Ag Proud](https://feedsoft.ai/events/6723-beef-production-raised-on-higher-fed-cattle-slaughter-ag-proud.md) | -3.1% | -3.6% |
| LCATTLE | 2021-01-25 | [Production estimated lower in 2021 on reduced slaughter - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/49287-production-estimated-lower-in-2021-on-reduced-slaughter-progressive-cattle-ag.md) | -0.9% | +1.6% |
| LCATTLE | 2021-02-24 | [Lower 2021 production on reduced slaughter and weights \| Ag Proud](https://feedsoft.ai/events/48766-lower-2021-production-on-reduced-slaughter-and-weights-ag-proud.md) | +1.6% | +1.6% |

## Sources

- agproud.com: https://www.agproud.com/articles/58334-production-slightly-lower-on-slow-fed-cattle-slaughter-pace

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