# Livestock market outlook overview | TSLN.com

> USDA's Cattle on Feed report showed placements in December down 8% year over year and January 1 inventory down 3%. Cash fed cattle prices fell $2.50/cwt the prior week while the Choice cutout dropped $6.80 to $271.72.

- Date: 2023-01-27 · published 2023-01-27T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/37924-livestock-market-outlook-overview-tsln-com
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Tighter feedlot placements and a smaller fed cattle supply support cattle prices over the coming months, which tightens beef-related feed demand outlook.

## Read by commodity

- HOGS: neutral
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2024-09-22 | [Cattle supply remains tight; market rallies \| Livestock \| farmweeknow.com](https://feedsoft.ai/events/28432-cattle-supply-remains-tight-market-rallies-livestock-farmweeknow-com.md) | +0.9% | +2.8% |
| LCATTLE | 2021-05-21 | [Market Wrap-Up: May 21, 2021 \| Western Livestock Journal](https://feedsoft.ai/events/10276-market-wrap-up-may-21-2021-western-livestock-journal.md) | -0.1% | +1.6% |
| LCATTLE | 2024-05-10 | [Weighing market advantages \| Western Livestock Journal](https://feedsoft.ai/events/30401-weighing-market-advantages-western-livestock-journal.md) | +0.9% | +2.5% |
| LCATTLE | 2021-11-24 | [November cattle market update, Cattle on Feed report \| Western Livestock Journal](https://feedsoft.ai/events/12781-november-cattle-market-update-cattle-on-feed-report-western-livestock-journal.md) | +2.1% | +1.7% |
| LCATTLE | 2022-07-18 | [Livestock, Dairy, and Poultry Outlook: July 2022 \| Economic Research Service](https://feedsoft.ai/events/40433-livestock-dairy-and-poultry-outlook-july-2022-economic-research-service.md) | +0.1% | +0.7% |
| FCATTLE | 2025-03-25 | [Livestock Outlook: March 2025 - Beef Web](https://feedsoft.ai/events/25521-livestock-outlook-march-2025-beef-web.md) | -0.1% | +0.1% |
| 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 | 2024-05-10 | [Weighing market advantages \| Western Livestock Journal](https://feedsoft.ai/events/30401-weighing-market-advantages-western-livestock-journal.md) | +2.6% | +6.8% |

## Sources

- tsln.com: https://www.tsln.com/news/livestock-market-outlook-overview/

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