# Time to Reevaluate How We Look at Cattle on Feed Reports

> DTN analyst ShayLe Stewart argues that the market overreacts to Cattle on Feed reports when actual USDA numbers differ from analyst estimates. The April 21 report showed placements and on-feed totals below year-ago levels, though it was bearish relative to expectations.

- Date: 2023-04-24 · published 2023-04-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/36526-time-to-reevaluate-how-we-look-at-cattle-on-feed-reports
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Traders reacting to small deviations from estimates can create short-term volatility in live and feeder cattle futures even when underlying supplies remain tight.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/AG/blogs/sort-cull/blog-post/2023/04/24/time-reevaluate-look-cattle-feed-2

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