# Ongoing drought could spell lower future cattle supplies - RFD-TV

> RFD-TV reports the latest Cattle on Feed report showed total cattle on feed down about 1% from last year and placements lower in drought-hit states. September fed cattle marketings were 1.86 million head, up 4% from a year earlier. Farm Bureau economists called the report bullish.

- Date: 2022-10-31 · published 2022-10-31T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/39265-ongoing-drought-could-spell-lower-future-cattle-supplies-rfd-tv
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lower placements signal tighter future cattle supplies, which should support cattle prices as beef demand holds and packers compete for animals.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2023-04-02 | [Futures File: Cattle bolt on low supplies - CNHI](https://feedsoft.ai/events/8668-futures-file-cattle-bolt-on-low-supplies-cnhi.md) | +3.5% | +2.7% |
| LCATTLE | 2021-06-28 | [Grinding through fed Cattle Supplies](https://feedsoft.ai/events/46737-grinding-through-fed-cattle-supplies.md) | +0.7% | -0.5% |
| LCATTLE | 2025-07-28 | [US cattle futures rise on record-low herd, tight supply - CME
						 \| The Beef Site](https://feedsoft.ai/events/23895-us-cattle-futures-rise-on-record-low-herd-tight-supply-cme-the-beef-site.md) | +1.1% | +3.8% |
| LCATTLE | 2023-04-12 | [Fed Cattle Supplies](https://feedsoft.ai/events/36532-fed-cattle-supplies.md) | +3.3% | -2.2% |
| LCATTLE | 2023-04-12 | [Fed Cattle Supplies \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/36528-fed-cattle-supplies-ohio-beef-cattle-letter.md) | +3.3% | -2.2% |
| FCATTLE | 2021-06-28 | [Grinding through fed Cattle Supplies](https://feedsoft.ai/events/46737-grinding-through-fed-cattle-supplies.md) | -1.6% | +1.7% |
| FCATTLE | 2025-07-28 | [US cattle futures rise on record-low herd, tight supply - CME
						 \| The Beef Site](https://feedsoft.ai/events/23895-us-cattle-futures-rise-on-record-low-herd-tight-supply-cme-the-beef-site.md) | +1.0% | +8.7% |
| FCATTLE | 2023-04-12 | [Fed Cattle Supplies](https://feedsoft.ai/events/36532-fed-cattle-supplies.md) | +1.9% | +1.9% |

## Sources

- rfdtv.com: https://www.rfdtv.com/ongoing-drought-could-spell-lower-future-cattle-supplies

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