# Feedlots defy gravity again

> US feedlot placements in July were 101.8% of the prior year despite falling feeder supplies outside feedlots. Drought is forcing cattle to market sooner than planned, and Oklahoma auction volumes rose 10.9% over six weeks. Lightweight placements rose while heavier placements fell.

- Date: 2022-09-01 · published 2022-09-01T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/40183-feedlots-defy-gravity-again
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Early marketing of lighter cattle adds near-term supply to the market, which pressures feeder prices. Tighter total feeder supplies later in the year could offset this over time.

## Read by commodity

- FCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2020-04-30 | [Feeder cattle aren't in feedlots](https://feedsoft.ai/events/53784-feeder-cattle-aren-t-in-feedlots.md) | +3.8% | +13.3% |
| FCATTLE | 2020-10-28 | [Cattle on Feed Grows Again \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/50777-cattle-on-feed-grows-again-ohio-beef-cattle-letter.md) | +1.4% | +3.2% |
| FCATTLE | 2018-04-23 | [COF report shows more heifers in feedlots - Brownfield Ag News](https://feedsoft.ai/events/65648-cof-report-shows-more-heifers-in-feedlots-brownfield-ag-news.md) | +3.4% | -3.7% |
| FCATTLE | 2019-09-23 | [Feedlot inventories peaking?](https://feedsoft.ai/events/57205-feedlot-inventories-peaking.md) | +2.9% | +2.3% |
| FCATTLE | 2018-03-30 | [Futures File: Grain acres slashed](https://feedsoft.ai/events/66032-futures-file-grain-acres-slashed.md) | -0.2% | +4.7% |

## Sources

- beefmagazine.com: https://www.beefmagazine.com/feedlots/feedlots-defy-gravity-again

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